Immutable teases ‘multibillion dollar’ collab that could be its game with Ubisoft

This is a segment from The Drop newsletter. To read full editions, subscribe . Immutable co-founder Robbie Ferguson wrote on Tuesday morning: “Tomorrow we announce the outcome of a multibillion dollar partnership that’s been in the works for 2+ years.” While we didn’t hear anything from Immutable by publication time, it could be about their game with Ubisoft. Immutable’s partnership with Ubisoft’s Strategic Innovation Lab was first announced in November 2023. During an on-record interview at the Game Developers Conference in March, Immutable Chief Studio Officer Justin Hulog told Blockworks that he has been “working on co-developing a game with Ubisoft that we’re going to announce next month” for the past two and a half years. He added that “it’s one where we’ve really worked with their dev team to take the best of their learnings around TCGs.” “Gods Unchained has been running for four years, so that’s been really helping to combine those two learnings together,” Hulog said. While more specific details about the new game have not yet been made public, it’ll likely have blockchain elements and may use Immutable’s zkEVM, which Immutable is leading game developers toward these days over its Immutable X chain. Ubisoft is the studio behind the Assassin’s Creed, Far Cry and Tom Clancy game franchises, to name a few. The studio previously launched Champions Tactics: Grimoria Chronicles using the Oasys blockchain back in October 2024. “I believe, really, that we should stay chain-agnostic,” Ubisoft’s Innovation Lab VP Nicolas Pouard said during a panel moderated by Blockworks during the Game Developers Conference. Pouard did not immediately respond to Blockworks’ request for comment. Before Champions Tactics, Ubisoft unveiled its Ubisoft Quartz NFT platform and released NFTs on Tezos for its Tom Clancy game Ghost Recon: Breakpoint back in 2021. The IMX token pumped after Ferguson’s tweet, spiking 28% from $0.46 right before the post to $0.59 within two hours, per CoinGecko data. IMX is up about 34% in the past week. Get the news in your inbox. Explore Blockworks newsletters: Blockworks Daily : Unpacking crypto and the markets. Empire : Crypto news and analysis to start your day. Forward Guidance : The intersection of crypto, macro and policy. 0xResearch : Alpha directly in your inbox. Lightspeed : All things Solana. The Drop : Apps, games, memes and more. Supply Shock : Bitcoin, bitcoin, bitcoin.