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Square Enix in $2m funding for Animoca blockchain game

Square Enix

Last week, Animoca Brands announced that its TSB Gaming unit raised $2.01 million in cash, Bitcoin and Tether during the third quarter of 2019. 

TSB is developing the blockchain version of The Sandbox. It issued over 288 million SAND utility tokens and simple agreement for future equity (SAFE) convertible securities to Square Enix, B Cryptos, Mindfulness Venture Fund I and True Global Ventures 4 Plus Fund, among others.

Japan-based Square Enix is a well-known game studio that developed the Final Fantasy and Tomb Raider series. 

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