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Blockchain gaming group is behind digital land trading game ‘The Sandbox’

Animoca Brands develops games that use non-fungible tokens — blockchain-backed digital assets — to buy and trade items in a so-called metaverse. (Photo courtesy of Animoca Brands)

Nikkei staff writers | Hong Kong

HONG KONG — Hong Kong startup Animoca Brands, a major player in the burgeoning “metaverse” space, said Tuesday it has completed a $75 million round of fundraising, despite a meltdown in cryptocurrency markets.

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