Australian-based NFT platform Immutable has reached a valuation of $2.5 billion by receiving a $200 million investment from a funding round led by Singapore-based investment firm Temasek.
Several companies, including Mirae Asset, ParaFi Capital, and Tencent Holdings, took part in the $200 million funding round, Immutable X announced on March 7.
Sydney-based Immutable, the developer of the game “Gods Unchained”, where trading in the game is made with NFT cards, and the game “Guild of Guardians”, which allows players to earn NFT rewards, It announced that it has partnered with the video game company GameStop.
GameStop Partners with Immutable X for NFT Marketplace and Launches $100M Gaming Fund
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Robbie Ferguson, co-founder and president of Immutable:
We are excited to increase our capital that we can invest in partnerships and acquisition opportunities.
said.
The company is based on the blockchain of Ethereum, the second largest cryptocurrency. faster performance released the Immutable X to the market. On the Immutable official website, according to their platform’s Ethereum blockchain requires less computing power and has less environmental impact. states that it is.
Immutable, in the previous funding round in 2021 410 million dollars with an investment of 60 million dollars announced its valuation.