Immutable is Now Worth $2.5 Billion

Immutable, an Australian NFT startup recently finalized new funding round, and it is now valued at $2.5 billion; Immutable was able to raise a nine-figure amount from investors.

Immutable: From Australia with love

Immutable is a Sydney-based entity, and they are well known for developing some of the most successful NFT games, including Gods Unchained, Guild of Guardians, and others. One feature that connects most of Immutable’s games is the in-game economy. Trades can be made through NFT cards, or rewards can be earned and traded for Ethereum in-game on most of their games.

A few months ago, Immutable made headlines when they announced their partnership with GameStop; as part of its terms, Immutable is to help launch GameStop’s NFT marketplace. What made this announcement more scintillating was the fact that there was an announcement regarding the launch of a $100 million fund to help support creators of NFT content, including Web3, metaverse gaming, and gaming studios.

During its last funding round in 2021, Immutable raised $60 million at a valuation of $400 million. That funding round was proof of support by industry professionals and helped the latest funding success.

Immutable has successfully become one of the most innovative and attractive NFT brands for investors. In the last few years, they’ve attracted big players, including large venture investors, blue-chip companies, and everyone in between. Immutable is a go-to for many institutional NFT investors because they’ve justified their worth.

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