Animoca Brands famous subsidiary The Sandbox announced the listing of its native token $SAND on Coinbase. This led to a price surge of almost 15% after the announcement.
Coinbase is said to be one of the largest cryptocurrency exchanges in the United States by trading volume. The crypto exchange platform was established in 2012 and is apparently used by approximately 98 million verified individuals, 13,000 institutions, and 230,000 ecosystem partners in over 100 countries.
The $SAND token is a utility token and in-game currency for The Sandbox. It is an ERC20 token issued on Ethereum and distributed in The Sandbox metaverse game world. $SAND also serves as a governance token for future participation in the game operations of The Sandbox.
