The Sandbox gears up to raise $400 million at a $4 billion valuation: report

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The Sandbox gears up to raise $400 million at a $4 billion valuation: report
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The news comes less than six months after the platform raised $93 million in a Series B round led by SoftBank.

, other previous investors have included True Global Ventures, Square Enix, Galaxy Interactive and Angelhub.

The Sandbox, released on iOS, Android and Windows, allows users to create their own universe inside the game using different elements. In 2018, Hong Kong-based NFT digital property firm Animoca BrandsAt the time of its Series B fundraise in November, The Sandbox chief operating officer and co-founder Sebastien Borget said in an interview with Reuters that the latest round is poised to help the firm expand the metaverse economy beyond just gaming.

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