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Infinity Ventures Crypto, FBG, and Big Time Games also joined the round.
The two companies will collaborate to develop innovative artificial intelligence, web3, blockchain-based gaming and metaverse experiences for consumers.
The Avalanche-based platform will also incorporate Immutable’s next-gen web3 solutions, such as Immutable Orderbook and Immutable Passport.
Polychain Capital, Haun Ventures and Rogue Capital participated in the round.
The lending pools will fund SMEs in Latin America and the Middle East and offer USDC yields of up to 14% to investors.
The award will be shared among artists selected by the Patio curatorial committee to have installations exhibited at the Patio by ZsONAMACO.
The two custody services providers link two of the biggest organisations in the financial services industry, Standard Chartered and Ripple.
The new funds will support projects approved for the Short-Term Incentive Program (STIP) but didn’t receive funding amid a limited cap of 50 million ARB tokens.