JPMorgan Is the First Bank Into the Metaverse, Looks at Business Opportunities

JPMorgan, the largest bank in the U.S., said it has become the first lender to arrive in the metaverse, having opened a lounge in Decentraland, a virtual world based on blockchain technology.
Work in the metaverse will also be gainful, said the report, pointing to a range of entertainment providers, as well as apps like RTFKT, a virtual shoe designer recently acquired by Nike.
The JPMorgan paper attempted to illustrate the metaverse hype versus the reality, stating that many areas need to improve.

Source :- https://nextbigwhat.com Author :- NextBigWhat Date :-February 17, 2022 at 01:02PM

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