Blockchain-based gaming platform The Sandbox, owned by Animoca Brand, plans to organize a $400 million funding round, which will surpass a $4 billion valuation.
In the news made by BNNBloomberg on April 19, it was stated that The Sandbox aims to get an investment of 400 million dollars by contacting new investors.
In the Series B financing round hosted by SoftBank in November 2021 $93 million Collected by The Sandbox, this fund development of metaverse platforms stated that it will be used to accelerate
on March 4 Metaverse games reached 2 million users in its 13th month and announced the alpha season-2 release. It is said that The Sandbox wants to be the best platform in this field.
The Sandbox, which has made agreements with many famous names and companies within the framework of this plan, has finally UK-based banking giant HSBC and Atlantic, Warner Records, Elektra announced that it has partnered with Warner Music Group, which owns many companies such as
Rising with the effect of this news, The Sandbox, according to CoinMarketCap data, 24 hour in the period 13% increasing by about 3 dollars watching level.