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SoftBank’s venture capital fund makes a significant investment in ‘The Sandbox’.

The Sandbox, a blockchain-based gaming platform, recently secured over $90 million (approximately Rs. 669 crores) in financing headed by SoftBank Group. The Hong Kong-based platform, which is majority-owned by blockchain gaming company Animoca Brands, allows users to design, control, and monetize their virtual game experience on the Ethereum blockchain using non-fungible tokens (NFT). SoftBank's venture capital fund has also made its first investment in a startup that issues its own coin.
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