The Sandbox announced that it has partnered with Ledger Enterprise to develop security integrations for its partners.
The collaboration announced by Sandbox on its official blog page on April 23 will include various initiatives. Additionally, as part of the partnership, all NFTs from The Sandbox’s collectibles wallet will be transferred to the Ledger Enterprise wallet.
This Is Not Their First Partnership
The companies worked together for the first time in 2022, promoting crypto security education through a game called School of Block on the metaverse of The Sandbox.
At the end of May, Ledger raised $109 million in a Series C funding round, raising its valuation to $1.4 billion. The capital provided by investors such as VaynerFund, Cite Gestion SPV, True Global Ventures and Digital Finance Group will be used to expand the company’s distribution network, increase production and develop new products.
The Sandbox continues to work actively to expand its partnership network. The Sandbox signed a memorandum of understanding with the Saudi Arabian government earlier this year, promising to explore, advise and support each other in the development of the metaverse.
Sandbox has also previously partnered with many notable names both inside and outside the Web3 space, including Snopp Dogg, Gucci, Atari, HSBC, and Warner Music Group.
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