The social protocol The Arena has completed a $2 million Pre-Seed funding round.

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