NFT Platform Immutable Raises $200M at $2.5B Valuation

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.

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