Open House Program Expands to Support Early-Stage Web3 Founders

Arbitrum has launched **Open House Singapore**, a program designed to support early-stage teams building on their platform. The initiative begins with a **3-week online Buildathon** starting September 14th. Participating teams will receive: - Product feedback and mentorship from experienced advisors - Technical workshops focused on building with Arbitrum - Access to infrastructure and tooling support - Opportunity to compete for **$115K in prizes and grants** The program targets teams with ideas, MVPs, or existing products looking to reach production readiness. Top performers will earn invitations to a 3-day in-person **Founder House** event in Singapore, featuring go-to-market sessions with industry leaders and additional product demo competitions. Applications are now open for teams interested in bringing financial products to the Arbitrum ecosystem.

**Symphony is developing programmable savings products on Arbitrum**, aiming to make savings more rewarding through onchain infrastructure. - The platform leverages blockchain technology to create **new financial products** that weren't possible in traditional finance - Built on Arbitrum's Layer 2 network for efficient transactions - Focuses on making savings accounts more dynamic and user-controlled This follows Arbitrum's broader push into real-world applications, including partnerships like Oobit that enable spending from onchain balances at 150M+ Visa merchants globally.

**Robinhood Chain reaches new milestone** Total tokenized value on Robinhood Chain hit **$29M**, marking continued growth in programmable finance infrastructure. **Key developments:** - Chain has processed **100M+ transactions** in three weeks - Generated **$2M in cumulative revenue** since launch - **$200K in fees** flowing back to Arbitrum ecosystem - Added **240K stock token holders** in past 30 days **Expanding stablecoin access:** - Cash App integrated USDC on Arbitrum (**59M monthly users**) - Ramp supports USDC/USDT deposits for 24/7 cross-border payments - Banxa enables purchases across **180+ countries** - North American users drive **79% of on-ramp volume** via stablecoins **New financial primitives emerging:** - Loaf Markets tokenizing **$4T real estate market** - USDai received **$3B+ in GPU financing requests** - Sedona Fi bringing private finance features Arbitrum's infrastructure continues enabling traditional finance companies to build programmable, onchain financial products at scale.

**Loaf Markets** has introduced a platform for tokenizing real estate assets, targeting the $4 trillion global market. **Key Features:** - Enables trading of physical properties including hotels, mansions, farms, and vineyards - Offers fractional ownership opportunities - Provides global liquidity for traditionally illiquid assets This development aligns with broader industry projections estimating **$6 trillion in real estate** could move on-chain by 2030, part of a larger $30 trillion tokenization trend. The platform addresses limited access to real estate investment by making property ownership more accessible through blockchain technology.