On Aug. 28, 2025, The Sandbox posted a statement on X that named Robby Yung , CEO of Investments at Animoca Brands and one of the platform's directors, as its chief executive. Co-founder Arthur Madrid became chairman, and co-founder Sebastien Borget became global ambassador. The Big Whale, a French crypto outlet, had published its report a day earlier under the headline "Exclusive. Big Bang at The Sandbox: founders dismissed by Animoca". CoinDesk followed at 08:07 UTC on Aug. 28 with the staffing figure, "more than half of its roughly 250 employees" laid off.
· Robby Yung becomes The Sandbox CEO, its co-founders step back, and more than half its staff goes
Robby Yung Takes The Sandbox From Its Co-Founders
Animoca Brands' investments chief became CEO of The Sandbox on Aug. 28, 2025, with both co-founders moved out of executive roles.
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People in this piece
- Arthur MadridThe Sandbox, Co-founder and CEO (moved to chairman of the board)
- Liam Wright
- Robby YungThe Sandbox, Chief Executive Officer
- Sebastien BorgetThe Sandbox, Chief Operating Officer (co-founder; moved to global ambassador)
- Yat Siu
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The Sandbox · Animoca Brands · The Big Whale · CryptoSlate