Immutable CSO questions ‘walled garden’ ethos as competition ramps up

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Immutable — the gaming-focused crypto company with titles like Gods Unchained and Guild of Guardians — is learning from its years in crypto. 

The firm now oversees 500 games from different developers. Simply put, that’s a lot of shots on goal.

I sat down with Justin Hulog, Immutable’s chief studio officer, to get the latest on its ecosystem. Hulog previously worked at Riot Games. 

He admits Immutable’s massive roster makes it harder to give each game a lot of attention — and even more games are coming.

“What I’ve seen at Immutable over the past three years is a really…

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LATEST: U.S. Financial Markets Embrace Crypto with First Solana ETFs Tomorrow

Volatility Shares LLC is set to launch the first Solana ETFs in the U.S. on Thursday marking a significant milestone in the integration of cryptocurrencies into mainstream investment channels. The two funds named Volatility Shares Solana ETF (SOLZ) and Volatility Shares 2X Solana ETF (SOLT) will offer investors exposure to Solana futures with varying levels of leverage. This move follows the recent availability of Solana futures on the CME Group adding a new dynamic to crypto futures trading.

Wall Street is poised for a massive influx of investments into Solana ETFs as predictions suggest billions could flow into these funds within their first year. Analysts believe that the Solana ETFs could attract between $3 billion and $6 billion mirroring the rapid adoption seen with Bitcoin and Ether ETFs. This optimistic outlook is bolstered by strong institutional interest and the potential approval of spot Solana ETFs which could further captivate market attention.

Despite past challenges linked to the FTX collapse Solana’s market resilience and low transaction fees have kept investor interest alive. The launch under a pro-crypto administration highlights a significant shift towards embracing digital assets enhancing investor confidence and setting a new precedent for altcoin ETFs in the U.S. market.

Bloomberg