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

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

Non-fungible token (NFT) scaling platform Immutable has raised $200 million in a Series C funding round 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 scaling Immutable Gaming Studio and M&A activities.

Originally Posted on: https://www.coindesk.com/business/2022/03/07/nft-platform-immutable-raises-200m-at-a-25b-valuation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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