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SoftBank Leads $93 Million Investment In NFT Gaming Firm The Sandbox
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ndtv.comThe Sandbox is majority-owned by blockchain gaming developer Animoca Brands.
New Delhi: The Sandbox, a Hong Kong-based gaming platform that allows users to build a virtual world using non-fungible tokens (NFTs), has raised $93 million from investors led by SoftBank's Vision Fund 2, the company told Reuters on Monday.
The latest fund raising came a little over a year after its last round, as the company saw fast growth in monthly active users and crossed $144 million in transaction volume on the platform. It also marks Vision Fund 2's first investment in a company that issues its own cryptocurrency.
The Sandbox, majority-owned by blockchain gaming developer Animoca Brands, allows players to build, own, and monetize their virtual gaming
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