Golden Finance reported that Offchain Labs, the developer behind Arbitrum, announced at the CES 2025 conference that the Arbitrum Foundation awarded the largest developer grant in history to South Korea’s Lotte Group. Lotte Group is a multi-billion dollar South Korean conglomerate known for its vast portfolio of shopping malls, media companies and entertainment properties. A representative for the company declined to disclose the exact amount of the grant “at this stage,” which, according to Offchain Labs, solidifies Arbitrum’s position as the primary blockchain infrastructure provider for Rakuten’s Metaverse gaming platform Caliverse.