WeChat removed several accounts for digital collectible platforms for violating the policy of illegal trade, while Ant Group and Tencent-owned NFT platforms updated their user
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Immutable raises $200M to invest in blockchain gaming, bringing valuation to $2.5B
The company’s valuation grew from just $410 million in 2021, reflecting the rapid expansion of the NFT economy.
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Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion
Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek.
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UN approves NFT standards initiative led by Tencent
Chinese entertainment giant Tencent will be collaborating on the project with a number of others, including Alibaba subsidiary Ant Group.
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China’s Xinhua News Agency to Issue NFTs Despite Crackdown on Crypto
Xinhua, the official news agency of China, is going to issue an NFT collection with photographs depicting historic moments of the passing year. The initiative,
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South Africa’s Digital Bank Tyme Completes Series B Round With Additional $70M Capital Raise
Tymebank, a South Africa-based digital bank, recently completed its Series B funding round with $70 million invested in the firm by Tencent and U.K. development
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