The leader in alternative investing headquartered in Hong Kong entered The Sandbox by participating in its recent US$93M Series B fundraising round. SHK & Co’s XL Estate will bring to The Sandbox an experience bridging finance, sports, art and culture from around the world, augmented by SHK & Co’s global investment reach. A financial hub will showcase SHK & Co’s portfolio companies and their services, especially those related to TMT, crypto, and blockchain ecosystems. A virtual museum will present SHK & Co’s art collections, including an exclusive NFT of SHK & Co’s iconic Scallywag racing yacht. Revenues generated will be donated to the SHK & Co Foundation to support various charitable initiatives in the Greater China region. The SHK & Co LAND will include environments to host investor events, exhibitions, exclusive parties, and private performances. SHK & Co has been a long-standing investor in Animoca Brands, the parent company of The Sandbox, since 2018, before blockchain and NFTs captured the public’s attention and influenced the gaming landscape. The company’s recent investments in both The Sandbox and LAND reflect its continued belief in the future of open ecosystems and the long-term value that they can create for all stakeholders.
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