TechFlow News — According to an official blog post, Immutable, the company behind the Ethereum Layer 2 solution ImmutableX, has announced the launch of a $500 million growth fund called Immutable Ventures. The fund aims to support Web3 gaming and NFT projects built on ImmutableX by accelerating the development of the ImmutableX protocol through token allocations, cash grants, and investments in games and projects built on the platform.
In addition, Immutable Ventures has already made several strategic investments in Web3 companies and NFT startups, including Starkware, Stardust, PlanetQuest, and Topology.
Add to Favorites
Share to Social Media
