Welcome to Onyx Lounge, JPMorgan has jumped into the crypto-centric metaverse.
Wall Street megabank JPMorgan has officially set up shop in the metaverse.
The bank claims to be the first company in the banking industry to enter the metaverse, a vast arena of different virtual worlds that also includes Crypto Voxels and Sandbox. The entrance of new firms into the metaverse has been a tailwind for parcels of real estate across different platforms, with JPMorgan estimating the average price of a parcel of metaverse land doubled in a six-month window in 2021.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GALA Jumps 20%, Leads Metaverse Index GainsThe crypto-heavy Super Bowl, which featured metaverse TV commercials, is pumping up metaverse tokens. By thesamreynolds
Read more »
What are the top metaverse projects besides The Sandbox and Decentraland? | The Market ReportThe Marker Report is live today! Join our hosts BY_DeFi, forgeforth_, CryptoDuality and Ornella_Hdz to debate between the following projects: Portal by BosonProtocol, GoGalaGames, WilderWorld, and bloktopia. Tune in today at 12PM EST:
Read more »
China's Tech Giants Push Toward an $8 Trillion Metaverse Opportunity — One That Will Be Highly RegulatedChina’s technology giants from Tencent to Alibaba and ByteDance are investing in the metaverse, a market that could be worth $8 trillion in the future.
Read more »
Victoria's Secret Is Getting Metaverse-Ready by Filing for NFT TrademarkICYMI: Victoria's Secret plans to sell virtual lingerie and organize virtual fashion shows NFT Metaverse
Read more »
Metaverse ETFs are booming in South Korea and retail investors are piling inAs of Jan. 19, there were eight metaverse ETFs listed in South Korea, drawing over $1 billion in inflows, according to data from Samsung Asset Management.
Read more »