Coin World News reports that the blockchain game company Illuvium has completed a $12 million funding round, led by King River Capital, with participation from Arrington Capital, Animoca Brands, and others. The funds will be used to develop the open-world RPG game 'Illuvium: Overworld', which is built on Ethereum and uses Immutable X's Layer 2 solution, expected to launch in 2024.