Arbitrum Courts European Investors Managing €800 Billion With New Revenue Pitch
Photo: NewsBTC
TL;DR: Arbitrum representatives have presented the network’s infrastructure and revenue model to European financial institutions managing substantial assets. The meetings should not be confused with confirmed investment commitments to ARB. Arbitrum is increasingly pitching itself as a blockchain infrastructure business rather than simply another cryptocurrency ecosystem. During institutional meetings reported on October 16, representatives discussed the network’s commercial potential with European banks, wealth managers and other professional investors. The participating organisations were said to represent more than €800 billion in assets under management. That figure describes the institutions attending the presentations.
Source: NewsBTC
