The Sandbox raises $93M to expand its NFT metaverse

Marking SoftBank Vision Fund 2’s first investment into the crypto assets, The Sandbox’s Series B round saw $93 million raised with the participation of Animoca Brands, True Global Ventures, Galaxy Interactive, SCB 10X, Polygon Studios and Samsung Next, among others. The price of the SAND token reacted positively to the new, rising approximately 90% and printing a new ATH at $3.27 in this morning.