EddieJayonCrypto

 23 Apr 25

tl;dr

Immutable is set to announce the outcome of a multibillion-dollar partnership after over two years of development. This follows the SEC closing its investigation into Immutable's native token, IMX, without enforcement action, clearing regulatory hurdles. Immutable Passport, the company's non-custodi...

Immutable is poised to announce the results of a multibillion-dollar partnership that has been under development for more than two years.

This news follows the SEC’s closure of their investigation into Immutable’s native token, IMX, without any enforcement action, effectively removing major regulatory barriers for the company.

Immutable Passport, the company’s non-custodial wallet designed to simplify Web3 gaming access, has reached an impressive milestone of 5 million users within just 15 months. Remarkably, these users represent engagement from only 10% of the total games available on the platform.

The platform now supports over 500 games, propelled by strategic partnerships with industry giants such as Tencent and Temasek. Co-founder Robbie Ferguson emphasized that despite regulatory scrutiny, Immutable has maintained strong ecosystem growth and is accelerating its development trajectory.

In a public statement on April 21, 2025, Ferguson revealed, “Tomorrow we announce the outcome of a multibillion-dollar partnership that’s been in the works for 2 years,” sparking excitement and anticipation within the crypto community.

The SEC’s initial Wells notice in November 2024 had caused concern by suggesting potential securities violations related to IMX. However, the subsequent closure of the investigation without enforcement has cleared the way for Immutable to proceed confidently.

Ferguson remarked, “Now the investigation’s over, so lock in, because we’re only accelerating from here,” highlighting the company’s commitment to growth.

With continued expansion supported by high-profile collaborations, Immutable demonstrates a strategic focus on long-term progress, prioritizing the momentum of growth rather than current metrics alone.

Key Highlights:
- Immutable to unveil a multibillion-dollar partnership after over two years
- SEC investigation into IMX token closed without enforcement, clearing regulatory hurdles
- Immutable Passport reaches 5 million users in 15 months
- Platform now supports over 500 games, boosted by partnerships with Tencent and Temasek

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 23 Apr 25
 23 Apr 25
 23 Apr 25