The co-founder of Immutable, a layer 2 solution for NFT and trading, Robbie Ferguson announced the ETH off-ramp feature on any platform built on top of the Immutable X-powered platform.
With the ETH off-ramp integration, any users of gaming, marketplace, or apps linked to Immutable X will be able to exchange their L2 ETH for cash. Also, the fund will be directly transferred to their bank accounts.
However, the feature is only available for users from the US, UK, and Europe as of now. The official NFT marketplace, Immutable X will be equipped with this feature in Q3 2022.