Big Banks Are Entering the Metaverse

Plus a look at recent news from around the crypto industry.

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ABOUT

This episode is sponsored by Nexo.io, Arculus and FTX US.

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On today’s episode, NLW looks at recent crypto industry news, including:

Yuga Labs’ purchase of CryptoPunks and Meebits
A leak deck about Yuga’s metaverse ambitions
HSBC becomes the first bank in The Sandbox
Fundraising from ConsenSys and an ex-Meta team
The mayors of Miami and New York City say “HODL”

See also: The First NFT Monopoly

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: PM Images/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.