On June 6th, The Sandbox secured $20 million in convertible debt financing, valuing the company at $1 billion. Kingsway Capital and Animoca Brands led the funding round, with participation from LG Tech Ventures and True Global Ventures. Note holders have the option to convert their notes into equity in Bacasable Global Limited, under the same terms as the existing preferred shares.
The Sandbox secures 20 million in funding through convertible debt with leading investors including Animoca Brands
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