Immutable launches $500 million fund to boost its Web3 and GameFi ecosystem

    The NFT and Web3 gaming-focused crypto startup Immutable announced Friday that it has launched a $500 million ecosystem development fund to accelerate the adoption of promising Web3 projects building on its Ethereum Layer 2 scaling platform, Immutable X. “The Immutable Developer and Venture Fund,” which is a mix of both cash and Immutable X’s native…