Sunday, December 3, 2023

Immutable raises $200 million to invest in blockchain gaming, valuing the company at $2.5 billion.

On 7th March, Monday Blockchain company Immutable raised about $200 million from investors in its Series C funding round.Immutable, a Sydney based company known as the NFT games developers. ‘Gods Unchained’, an online game where they allow trading to be done with NFT cards, and Guild of Guardians, a game that helps you to earn rewards.

In February, the company announced a partnership for launching the video game retailer’s in NFT Marketplace. With GameStop $100 million dedicated for supporting creators with studio gaming and NFT content, Web3, and metaverse gaming.

Immutable is one of the largest blockchain and crypto focused companies for achieving and aiming to achieve a unicorn status from the past few years. A unicorn company here means a company that achieves a valuation of $1 Billion or more as a startup.

The company has set standards in developing an ambitious, leading and very dependable web3 ecosystem for the new creators that desire more growth than ever.

The Australian-based Immutable plans to expand globally exploring new opportunities. It also plans to acquire new customers, it is currently using several platforms like OpenSea, TikTok, and GameStop.

With Blockchain continuing to grow over time and attracting more and more investors it is the best time for you to become an early adopter and reap the profits later on. With many institutional investors now showing confidence in DeFi tech cryptocurrencies, you should get onboard too. Not only will you be an early adopter of cutting edge tech but will be able to see it grow exponentially in the next few years.

Cryptured Team
Cryptured Team
The writers team at is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.

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