A private funding round of $400 million is being sought by The Sandbox, an NFT, gaming, and metaverse company. The company is reportedly in talks both with new and existing investors following the successful $93M Series B fund last November. SAND, the native token of the Sandbox, is currently up 17% following the news. The company has a current valuation of $4 billion.
- As part of its Series B round, Sandbox raised $93M to further develop an “open metaverse.”On the Sandbox, users can trade and monetize digital assets based on Ethereum blockchain technology.
- The Warner Music Group Corp., HSBC, Adidas AG, and Adidas AG are among the companies that have recently purchased virtual plots.
- The Sandbox enables traders and monetizers to trade and monetize virtual assets using the Ethereum blockchain.
As of today, SAND is trading at $2.95, up from $2.55 before the news broke.
The Sandbox (SAND) Price Prediction December 2025: The Sandbox price is forecast to reach the lowest possible level of $13.79. The SAND price could reach a maximum possible level of $15.34 with the average forecast price of $14.16 according to Price Prediction.
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