TechFlow news, December 24 — According to an official announcement from Offchain Labs, the company behind Arbitrum has increased its holdings of ARB tokens in accordance with its predetermined purchase plan.
Offchain Labs stated that it is committed to meaningfully advancing the Arbitrum ecosystem and believes that increasing direct ownership of ARB aligns with its best interests. This move strengthens the company's comprehensive investment in Arbitrum's development. The company said it will continue supporting the Decentralized Autonomous Organization (DAO)'s strategic initiatives, empowering developers, building community, and driving technological innovation.
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