Metaverse’s decentralized platform, The Sandbox, will partner with security provider Ledger Enterprise to expand security integration for its partners. The latter will see their collection of non-fungible tokens (NFT) moved to the Ledger wallet. Sandbox announced the partnership on its official blog on April 23. This partnership will include many features. Sandbox will appear as a dApp in Ledger Enterprise, and some widgets will be included in the Ledger Live desktop app. All NFTs will be transferred from the Sandbox Collection wallet to the Ledger Enterprise wallet.
Other than that, as the release shows, Sandbox will support Ledger Enterprise and the ecosystem of LAND owners, while Ledger will promote its Metaverse customers. This system extends the relationship between Sandbox and Ledger to promote crypto learning in the metaverse.
In 2022, the company tried to work together for the first time, promoting crypto security education through a game, called Block School, in Sandbox’s Metaverse. According to The Sandbox’s Vice President of Communications, Ariel Wengroff, the company was “excited” about the experience.
At the end of May, Ledger raised $109 million (€100 million) in Series C funding, valuing it at $1.4 billion (€1.3). The capital, contributed by investors such as VaynerFund, Cité 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.
Sandbox is working hard to expand its network of partners. In February 2023, the company signed an agreement with the government of Saudi Arabia, promising to “explore, advise and support” each other in the development of the metaverse.
Sandbox has also partnered with some of the biggest names in and out of the Web3 space, including Snoop Dogg, Gucci, Tim, Atari, HSBC, and Warner Music Group.
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