Other investors in the round included Animoca Brands, True Global Ventures, Liberty City Ventures, Galaxy Interactive, Kingsway Capital, Blue Pool Capital, LG Technology Ventures, Alpaca VC, Graticule Asset Management Asia, Com2uS, executives at GoldenTree Asset Management, Nokota, Sun Hung Kai & Co, Sound Ventures, Red Beard Ventures, SCB 10X, Polygon Studios, Samsung Next, Double Down Partners, StakeFish, SterlingVC, and HodlCo. The investment will enable The Sandbox team to scale the platform’s growth as a prime entertainment destination where brands, IPs, and celebrities can engage with their fans through virtual experiences including games, live performances, and social experiences. HONG KONG – 2 November 2021 – The Sandbox, a subsidiary of Animoca Brands and the leading open NFT metaverse platform, announced today it has secured US$93M in its Series B fundraising round led by SoftBank Vision Fund 2, representing the fund’s first investment in crypto assets. ![]() The Sandbox’s vision to turn players into creators and push for a player-owned economy is expanding beyond gaming into fashion, architecture, virtual concerts, virtual shows, art galleries, museums, and more-developing a whole ecosystem and digital opportunities The Sandbox creator’s economy is expanding rapidly, creating new categories of digital jobs such as NFT creators, virtual architects, game makers, and more The Sandbox has seen significant growth in 2021: it has over 500,000 registered wallets and 12,000 unique virtual LAND owners, and generated over US$144M in lifetime GMV The Sandbox is going to accelerate the development of its open metaverse, supporting more creators and involving more brands and IPs The Sandbox has raised $93M in a Series B round led by SoftBank Vision Fund 2, the first investment into crypto assets by SoftBank Vision Fund 2 SoftBank Vision Fund 2 Leads Fundraising Round with Animoca Brands, True Global Ventures, Liberty City Ventures, Galaxy Interactive, and Other Investors Joining Round to Support The Sandbox’s NFT-Based Entertainment Metaverse ![]() The Sandbox Raises $93M in Round Led by SoftBank Vision Fund 2 to Grow Its Open NFT Metaverse
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