Areta led an eight-week M&A pilot for Arbitrum DAO to develop a practical M&A strategy aimed at delivering long-term strategic value to the Arbitrum ecosystem.

Key Stats:

• 8-week M&A pilot phase launched.

• 80+ M&A target areas identified.

Arbitrum DAO has been exploring value-creation mechanisms beyond grants and token incentives, including structured investments or acquisitions that could increase on-chain activity and expand the protocol's service offerings. The pilot M&A program was launched to assess whether DAO-led M&A could become a repeatable mechanism for long-term growth.

Areta executed a focused 8-week research and delivery sprint that produced key recommendations for scaling the M&A function as a growth lever. The sprint identified 80+ target areas where Arbitrum could capture complementary value, as well as key structures needed to effectively support DAO M&A.

As a direct outcome, the DAO advanced two of the report's recommended initiatives into further development and governance review. The engagement provided Arbitrum with a pragmatic roadmap for using M&A to capture protocol-aligned value and insights for future deal execution.

Read the Arbitrum M&A Outcome Report here.