Immutable Token Leads Gains Amid Broader Altcoin Rally [Yahoo! Finance]
UBISOFT ENTMT UNSP/ADR (UBSFY)
NASDAQ:AMEX Investor Relations:
ubisoft.com/en-us/company/investor_center/index.aspx
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Source: Yahoo! Finance
The token tied to Australian crypto gaming and Web3 infrastructure firm of the same name is up nearly 17% on the day, CoinGecko data shows. It's also up a further 50% over the past seven days. It comes as a relief for the token, currently ranked 90th among top cryptocurrencies, after dipping below the 100th spot earlier this year. The gains for IMX also arrive amid a challenging backdrop for crypto gaming, where numerous token-driven projects have shut down this year amid funding shortfalls and unsustainable economies. Industry experts Decrypt previously spoke to pointed to the pressure of launching tokens too early as a key reason behind the failures. Looking beyond the difficulties faced in the sector, Robbie Ferguson, Immutable co-founder, remained upbeat in a Thursday tweet on the company's developments this year. Some of these key milestones include the distribution of 2.9 million IMX tokens in weekly rewards to users. That number has nearly tripled from its May 13 rev
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News
- Ubisoft Unveils AI Companions That Can Be Commanded With Your Voice [Forbes]Forbes
- Ubisoft says Tencent's $1.3 billion investment in its new Assassin's Creed-focused Vantage Studios is "imminent," in a move that will "accelerate the growth of our 3 flagship IPs" [Yahoo! Finance]Yahoo! Finance
- Ubisoft Finalises Tencent Accord As It Resumes Trading [Barron's]Barrons
- Ubisoft, Tencent agree 4 billion euro Vantage Studios tie-up [Yahoo! Finance]Yahoo! Finance
- Ubisoft Entertainment SA (UBSFY) Q2 2026 Earnings Call Transcript [Seeking Alpha]Seeking Alpha