The Sandbox announced that it has received $20 million in a round of funding co-led by returning investor Animoca Brands Corporation Limited and new investor Kingsway Capital Partners Limited on June 5, 2024. The transaction included participation from new investor LG Technology Ventures and returning investor True Global Ventures. The company issued convertible promissory notes.

The holders of the promissory notes can convert them into Bacasable Global Limited?s equity at the same terms as existing preference shares. The round will be raised at a post-money valuation of $1 billion.