# 39th GRC Call - Recording & Transcript **URL:** \ **Category:** Governance Reporting Call (GRC)\ **Created:** [July 9, 2026, 3:15pm UTC](https://forum.arbitrum.foundation/t/39th-grc-call-recording-transcript/31049 "2026-07-09T15:15:37Z")\ **Posts on this page:** 2\ **Page:** 1
**Author:** ![OpCo](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/opco/32/15563_2.png) [@OpCo](https://forum.arbitrum.foundation/u/OpCo)\ **Post date:** [July 9, 2026, 3:15pm UTC](https://forum.arbitrum.foundation/t/39th-grc-call-recording-transcript/31049/1 "2026-07-09T15:15:37Z")
Publishing the recording and chat log from the 39th GRC call that took place on July 8th, 2026. [Recording](https://drive.google.com/file/d/1bFoNYPuXIYZ6YBfAa93eJ4uRaQzsmXvm/view) [Transcript](https://docs.google.com/document/d/1ddjgh4ZEf4jweEts9OIMfhMhk28Ppym3NVLiT_-MFNc/edit?usp=sharing) [Chat Log](https://drive.google.com/file/d/1rAtemPoY0_o7kEYwiLnnAhyNcsrvsy1T/view?usp=sharing) ---
**Author:** ![Arbitrum](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/arbitrum/32/2693_2.png) [@Arbitrum](https://forum.arbitrum.foundation/u/Arbitrum)\ **Post date:** [July 9, 2026, 3:56pm UTC](https://forum.arbitrum.foundation/t/39th-grc-call-recording-transcript/31049/2 "2026-07-09T15:56:19Z")
Arbitrum Foundation updates: **Governance** - [On-chain vote](https://alt.gov.arbitrum.foundation/proposal/21861170607500194610699142421898826942478361357343425061227227766726035674989?govId=eip155:42161:0x789fC99093B09aD01C34DC7251D0C89ce743e5a4) for the AF Funding Proposal concluded. - Completed the[temperature check](https://snapshot.org/#/s:arbitrumfoundation.eth/proposal/0x5b67a2c7c8f9b0e4ee46d2e7e9d580c90b069e0bbf8ed1a1e025a372886aabc4) for the Automate Timeboost Proceeds Split Proposal. - Continued outreach to support migration away from Arbitrum Nova following the approval of the proposal to[Minimize Arbitrum Nova](https://snapshot.org/#/s:arbitrumfoundation.eth/proposal/0x002b8264f83d19f88d17dc48a92d1e92638285a6592c491255fa7b14c955da81). - Published[Transparency Report #3](https://forum.arbitrum.foundation/t/arbitrum-audit-program-transparency-report-3/30976) for the Arbitrum Audit Program. **Tech** - The[London Open House Online Buildathon](https://openhouse.arbitrum.io/) concluded with ~800 builders participating and 275 projects submitted. Winners have been[announced](https://x.com/arbitrum/status/2069113415348744568?s=20). - The[London Founder House](https://forum.arbitrum.foundation/t/arbitrum-open-house-london-2026/30975) begins July 10 at Encode Club LDN, with 120 founders invited from more than 400 applicants. - Created and distributed the first Foundation engagement survey to teams that participated in Foundation programs, including Open House and Mentorship. - Published Builder’s Block newsletters[#19](https://blog.arbitrum.foundation/builders-block-019-arbitrums-product-priorities-meet-the-sponsors-backing-london-founder-house/) and[#20](https://blog.arbitrum.foundation/builders-block-020-final-call-for-founder-house-london-why-enterprises-choose-arbitrum/), alongside technical content, panels, and workshops supporting[Open House](https://x.com/0xjesstech/status/2069744231472619894?s=20) and other ecosystem initiatives (including[x402 + AWS](https://www.linkedin.com/events/x402andagenticcommercewithawsan7474724258477187073/theater/), and related activations), growing the Builder Newsletter by 1% over the past 30 days to approximately 10,000 active subscribers. **Finance** - Completed the deployment of approximately 12,800 ETH into EtherFi’s eETH liquid staking product, including recalling ETH collateral from counterparties, bridging assets, and staking via[ether.fi](http://ether.fi). - Continued the ETH covered call program, generating $38,812.50 in premium income while the underlying ETH remains staked in eETH. - Finalized the sourcing plan with OAT and Entropy for the approved Foundation funding drawdown from the ATMC portfolio, consisting of $16M in RWA/stablecoin positions and 1,740 ETH. - [Returned funds](https://arbiscan.io/tx/0xeccd37cb552705569918a127afcfc78f85e83089327f9d9c115864b8b35c7bcc) that were held on behalf of the AGV, to the DAO Treasury, following[AGV Wind-down](https://snapshot.org/#/s:arbitrumfoundation.eth/proposal/0x05dcd430c800d5cd0763cd2424033739abab0f3117ee7423d90f59ef56f9b41d) proposal. **Ecosystem** - **Arbitrum Audit Program** - Processed more than 50 applications throughout June, with several teams progressing toward audit contracting. - Advanced AI Security Pilot research by benchmarking five full audits against the outputs of five AI security tools. - **Mentorship** - June marked the closing phase of the first Mentorship cohort, with Demo Day preparation as the primary focus. The team engaged more than 60 investors, with over 30 confirmed attendees. - Hosted a marketing clinic, legal workshop, security best practices session with Sherlock, fireside chat with AJ, weekly one-on-one mentoring sessions, and Demo Day preparation calls. - Published and amplified team spotlights across ecosystem social channels throughout the month. - **Grants** - Continued disciplined review of grant applications and milestone payouts as well as processing Arbifuel applications. - Drafted grant agreements for the London Founder House winners. **Capital & Investment** - **Market Coverage** - Supported the[launch of LG’s pilot Arbitrum Chain](https://forum.arbitrum.foundation/t/arbitrumdao-factsheet-lg-electronics-pilots-onchain-advertising-on-arbitrum/30988) for advertising inventory, resulting in coverage across Fortune and other media outlets. - Supported the[launch of Robinhood Chain on Arbitrum mainnet](https://forum.arbitrum.foundation/t/arbitrumdao-factsheet-robinhood-chain-mainnet-launch/31041) and represented Arbitrum at the London announcement event, generating broad media coverage. - **Investment & Capital Engagement** - Hosted an oversubscribed Arbitrum Onchain Capital Markets briefing in London for allocators, investment firms, and asset managers, featuring speakers from 21Shares, FalconX, Offchain, and the Arbitrum Foundation. - Represented the Arbitrum Foundation at the Goldman Sachs Digital Assets Conference. - Represented the Arbitrum Foundation at the Selini Summit for investment firms and digital asset allocators. - **Investment Coverage** - Continued supporting inbound research from analysts across traditional finance research houses and asset managers exploring the Arbitrum ecosystem, with multiple firms progressing through the engagement pipeline.