The Sandbox will offer a blockchain-based virtual world for user-generated content.

The Sandbox raises $2 million more to build out blockchain-based game world

The Sandbox has raised $2.01 million in cash and cryptocurrency so that it can built out its blockchain-based game world, dubbed The Sandbox.

The company raised the money as TSB Gaming, a subsidiary of Animoca Brands, in the third quarter of last year, and it’s reporting it now as permitted by regulatory authorities. Investors included Square Enix, B Cryptos, and True Global Ventures.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.