The Sandbox has raised $20 million in convertible debt. Categories Posted inin Technology The Sandbox raises $20M in convertible debt at $1B valuation for sandbox metaverse Posted byby Dean Takahashi June 6, 2024 Updated June 18, 2025 5 min Share this article twitter facebook linkedin bluesky The Sandbox, a user-generated content metaverse platform, has raised $20 million in convertible debt at a $1billion market valuation. The Sandbox is a division of Web3 gaming company Animoca Brands, which views itself as advancing digital property rights for the open metaverse. Unlock premium content and VIP community perks with GB M A X! Join now to enjoy our free and premium membership perks. Join Now Already a member? Sign in