TechFlow News — On March 7, Immutable X, an NFT Layer-2 scaling solution, announced a $200 million funding round at a $2.5 billion valuation. The round was led by Temasek and included participants such as Mirae Asset, ParaFi Capital, Declaration Partners, Tencent Holdings, among others. Robbie Ferguson, Co-Founder and President of Immutable X, stated that the funds will be used for investments and acquisitions.
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