The Sandbox has raised $20 million in convertible debt.

The Sandbox raises $20M in convertible debt at $1B valuation for sandbox metaverse

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.

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