According to BlockBeats, Storm Partners, a Swiss blockchain solution provider, launched a Web3 innovation sandbox called 'Lightningbox' on June 14. The initiative aims to support the large-scale adoption of blockchain and boost Web3 innovation in Geneva.
Early contributors to the sandbox include Circle, the issuer of the world's second-largest stablecoin, cybersecurity firm Hacken, and blockchain infrastructure provider MultiversX. These contributors have invested significant six-figure sums and technical resources into the sandbox, although the exact amount has not been disclosed.