Immutable, a prominent Web3 gaming firm, recently announced that the U.S. Securities and Exchange Commission (SEC) has closed its investigation without filing enforcement charges, leading to a 15% surge in the company's IMX token. This development follows a previous Wells Notice from the SEC concerning the sale of IMX tokens in 2021, which Immutable criticized as 'regulation by enforcement.'
In parallel, Immutable has partnered with gaming giant Ubisoft to launch 'Might & Magic: Fates,' a blockchain-powered strategy card game set in the renowned Might & Magic universe. This collaboration, described as a 'multibillion dollar' partnership, highlights Immutable's growing influence in the gaming sector and underscores the increasing integration of blockchain technology in mainstream gaming. These strategic moves position Immutable as a significant player in the evolving landscape of Web3 gaming.
Immutable's IMX Token: A Resilient Surge Amidst Market Trends
September 17, 2025
1 min read
Immutable, a prominent Web3 gaming firm, recently announced that the U.S. Securities and Exchange Commission (SEC) has closed its investigation without filing enforcement charges, leading to a 15% surge in the company's IMX token. This development follows a previous Wells Notice from the SEC concerning the sale of IMX tokens in 2021, which Immutable criticized as 'regulation by enforcement.