Social protocol The Arena completes $2 million Pre-Seed round of financing

The Arena, a social protocol within the Avalanche ecosystem, announced the completion of a $2 million Pre-Seed round of financing. Investors include: Blizzard (Avalanche Ecology Fund), Ava Labs and Avalanche leadership team members, Balaji Srinivasan, Abstract Ventures, D1 Ventures, Saron Funds, Alpha Crypto Capital, and other angel investors from Galaxy Digital, Fenbushi, Republic, Espresso Systems, Efficient Frontier, and Dao5.