HSBC acquires first metaverse property in The Sandbox
The Hong Kong-based bank has made its first purchase in the metaverse, joining peer, JP Morgan, as it makes inroads in the world of virtual assets.
A version of this story was first published by sister publication, FinanceAsia.
HSBC bank has acquired a plot of digital land, in the latest sign that financial entities are betting on the potential of metaverse investments.
HSBC bought the virtual real estate in The Sandbox metaverse, a decentralised virtual gaming world created by ASX-listed software company and crypto venture investor, Animoca Brands.
Having recently shared the firm’s investment strategy in an exclusive int…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.