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Cryptocurrency News Articles

Immutable Co-founder Robbie Ferguson Announces the Outcome of a Multibillion-Dollar Partnership

Apr 23, 2025 at 12:35 pm

Immutable co-founder Robbie Ferguson let the crypto world know the company is set to reveal the outcome of a multibillion-dollar partnership they'd been working on for over two years.

Immutable Co-founder Robbie Ferguson Announces the Outcome of a Multibillion-Dollar Partnership

Co-founder of Immutable, Robbie Ferguson, has been keeping the crypto world in the loop about a multibillion-dollar partnership that the company has been working on for over two years.

Now, Ferguson has revealed that the partnership will be announced on Tuesday, April 21. His update in the early hours of Tuesday on X sparked immediate attention from the crypto industry and users, signaling a major development ahead for the blockchain gaming platform.

In a post shared at 3:30 AM ET (7:30 UT), Ferguson wrote, “Tomorrow we announce the outcome of a multibillion dollar partnership that's been in the works for 2+ years.”

The statement has fueled anticipation among Immutable’s user base, with several community members taking to X to express excitement. One longtime follower commented, “If this is what I think it is… game-changing doesn't even begin to describe it,” while another user posted, “Excited and can’t wait to hear.”

Green Light: Announcement Follows SEC Clearance

This much-anticipated announcement comes right after Immutable got the green light from US regulators, following an SEC investigation closure on Immutable’s native token, IMX. In November 2024, the SEC opened an investigation into the company and issued a Wells notice, raising questions about alleged securities violations.

However, in late March 2025, the probe was closed without any enforcement action, providing regulatory clearance for the firm to proceed with its plans.

Ferguson addressed the regulatory development in a follow-up post, saying, “Now the investigation’s over, so lock in, because we’re only accelerating from here.” He noted that Immutable has continued to grow despite the scrutiny, securing new partnerships and expanding its ecosystem.

Ferguson also shared some impressive growth numbers from Immutable’s ecosystem. He highlighted that in the past year, the platform welcomed five million users via its Immutable Passport service – their non-custodial wallet designed for easy Web3 game access.

Showing room for expansion, Ferguson noted these users came from just 10% of games available on the network right now.

"Immutable Passport went from 0 to 5 million users in 15 months from just the first 10% of our games launching. This was a big milestone, but we know that what matters most is the gradient of the curve – not our absolute position. A lot more work to do over the coming months," he added.

Now, Immutable supports over 500 games in development or live, backed by recent partnerships with major firms including Tencent and Temasek. Ferguson highlighted the importance of long-term progress over current figures, stressing that the pace of growth holds more value than the platform’s present standing.

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