Non-fungible token (NFT)-scaling platform Immutable has raised $200 million in a Series C funding round that was led by Singapore state investment fund Temasek at a $2.5 billion valuation, according to a press release provided to CoinDesk. The funds will be used toward global expansion, including boosting Immutable Gaming Studio and merger-and-acquisitions activity.
Related posts
-
Blockchain Climate Tech Startup Coral Raises $3 Million
Coral, a climate tech startup leveraging blockchain and AI,... -
Immutable (IMX) and MARBLEX Forge Ahead in Web3 Gaming at Korea Blockchain Week
Jessie A Ellis Sep 26, 2024 06:49 Immutable (IMX) and MARBLEX announce... -
Visa (V) to Assist Banks Issue Fiat-Backed Tokens on Ethereum Via New RWA Platform
A bank would use Visa’s new platform to purchase tokenized RWAs such as commodities or bonds...