The Main Quest program has already secured up to $50 million in token rewards for players with more expected to come from games building on Immutable.
The company will use the funds to bring Facebook’s Move Virtual Machine to Ethereum.
The monthly stablecoin trading volume on Ethereum alone is likely to hit the $1 trillion mark this April.
Tribe Capital and IOSG Ventures led the round with participation from Arweave, Consensys, Draper Dragon, Fenbushi Capital, LiquidX, MARBLEX, No Limit Holdings, and OKX Ventures.
Hack VC led the round with participation from DAO5, L2 Iterative, Nomad Capital, Finality, Symbolic VC, Theta Capital, J17, EVG Ventures, Decima Fund and Protagonist.
The mobile expansion is part of the decentralised exchange platform’s initiative to onboard “tens of millions of users.”
The fundraising attracted participation from Distributed Global, CoinFund, Compound VC, Collab + Currency and Protocol Labs.
DefiLlama data shows that Merlin’s TVL has surged to a record $980 million on April 23.
The Runes platform, currently in beta, allows users to swap for BTC and buy runes and ordinals using their Magic Eden wallet.
Finality and Breyer Capital led the round with participation from Coinbase Ventures, Collider VC, and HashKey Capital among others.
The number of unique buyers of Polygon-based NFTs surged on April 18 to the highest level since June 2023.
The token sale attracted participation from Polygon Ventures, Mechanism Capital, Big Brain Holdings, Shima Capital, Animoca Brands, Morningstar Ventures and Comma 3, among others.