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