The Australian developer behind popular online games Gods Unchained and Guild of Guardians, Immutable, has reportedly turned around significant losses reported in its belatedly filed 2023 financial results. This positive shift comes in the wake of its new blockchain launch last year, which has quickly become one of the most utilized in the world.
Details regarding Immutable, the crypto platform developer valued at $3.5 billion, have been limited since its $280 million funding round in 2022. That round brought its total funding to roughly $400 million across multiple rounds during the peak of the low-interest-rate tech boom.