Immutable has launched a $500 million fund focused on Web 3 games and NFT projects. According to the statement onFriday
New venture fund It will be built on the Immutable X protocol through funding and token investment. Immutable says the fund will collaborate with crypto and gaming investors, including BITKRAFT, Animoca, Arrington Capital, Double Peak, Airtree, King River. Capital and GameStop
Immutable Ventures has invested in Web3 companies and NFT startups, including Starkware, Stardust, PlanetQuest, and Topology.
Some of the brands that have been built on Immutable include GameStop, TikTok, Opensea, Ember Sword, and more.
In March, Immutable raised $200 million in a Series C funding led by Singapore investment fund Temasek at $2.5 billion.
refer : LINK
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