Comment on Metaverse company Animoca Brands more than doubles in value to $5 billion after Soros and the Winklevoss twins back the Sandbox

Metaverse company Animoca Brands more than doubles in value to $5 billion after Soros and the Winklevoss twins back the Sandbox

The SandboxThe Sandbox Animoca Brands raised $358 million in a funding round valuing the company at $5 billion. The metaverse developer got buy-in from Soros Fund Management and the Winklevoss twins. Animoca is invested in more than 150 NFT-related companies, like CryptoKitties owner Dapper Labs. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Metaverse company Animoca Brands more than doubled its valuation after a $358 million funding round backed by the Winklevoss twins and Soros Fund Management.In a Tuesday press release, Animoca Brands, which is the majority owner of the popular metaverse game the Sandbox, said it's now worth about $5 billion.

 

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