Arbitrum grants its largest developer funding in history to South Korea's Lotte Group to support the blockchain integration of its metaverse platform Caliverse. This funding is provided by the nonprofit Arbitrum Foundation through ARB tokens, but the specific amount has not been disclosed. This marks Arbitrum as the primary blockchain infrastructure provider for Caliverse. The Caliverse platform combines artificial intelligence, virtual reality, and blockchain technology, allowing users to explore virtual worlds and use cryptocurrencies for payments and transactions. (CoinDesk)