Metaverse


Finance

HBAR Foundation Commits $250M to Drawing Metaverse Apps to Hedera

The announcement follows a $155 million DeFi fund launched at the end of March.

(Henry & Co./Unsplash)

Markets

21Shares Launches Metaverse ETP via Sandbox’s SAND Token

The launch marks 21Shares’ 30th cryptocurrency ETP offered and will be cross-listed on Euronext Paris and Amsterdam

The Sandbox

Finance

Meta Exploring Non-Blockchain-Based Virtual Currency: Report

The company’s plans for NFT features on Facebook and Instagram also continue to advance.

MENLO PARK, CALIFORNIA - OCTOBER 28: A pedestrian walks in front of a new logo and the name 'Meta' on the sign in front of Facebook headquarters on October 28, 2021 in Menlo Park, California. A new name and logo were unveiled at Facebook headquarters after a much anticipated name change for the social media platform. (Photo by Justin Sullivan/Getty Images)

Markets

Metaverse Majors Struggle as User Base Falls Short of Market Expectations

Decentraland, Axie Infinity and The Sandbox have larger valuations and fewer active users than non-blockchain games.

(AxieInfinity.com)

Finance

HSBC Starts Metaverse Fund for Private Banking Clients in Asia

The Metaverse Discretionary Strategy portfolio aims to capture opportunities arising from the next iteration of the internet, the bank said.

HSBC's building in Hong Kong. (Christian Mueller/Shutterstock)

Markets

Market Wrap: Bitcoin Rebounds Amid Lower Volatility, Altcoins Outperform

AAVE rallied by 20%, compared with a 4% gain in ETH and 9% rise in SOL on Friday.

Cryptos rebounded after Thursday's dip. (Markus Spiske, Unsplash)

Videos

Citi Estimates $13T Metaverse Economy By 2030

In a new report, Citi analysts predict that the total addressable market (TAM) for the metaverse economy could be as high as $13 trillion by 2030. “The Hash” panel discusses drivers of the current “land grab” mentality, as well-known brands start to experiment in the metaverse.

Recent Videos

Policy

Does the Metaverse Need a Free Trade Agreement?

It’s seeking to be the centerpiece of Web 3, but a successful metaverse could run headfirst into some old-style protectionist barriers like work permits and data blocks, trade policy expert Sam Lowe tells us.

Starrynift plans to launch its Starryverse multiverse later in May. (japatino/Getty Images)

Finance

Citi Sees Metaverse Economy as Large as $13T by 2030

The virtual world could be the next generation of the internet, the bank’s analysts said in a report.

Citibank (TungCheung/Shutterstock)