HSBC debuts metaverse investment fund in Asia: Report

Global banking giant HSBC Holdings has rolled out its metaverse investment product for wealthy clients in Singapore and Hong Kong, according to multiple media reports.

“We see many exciting opportunities in this space as companies of different backgrounds and sizes are flocking into the ecosystem,” HSBC Asia Pacific’s Lina Lim said.that the concept of the metaverse is important for HSBC as a major milestone of the evolution of the internet, stating: HSBC did not immediately respond to Cointelegraph’s request for comment. This article will be updated pending new information.in the virtual reality world within the blockchain game The Sandbox for an undisclosed amount. Managing $2.4 trillion in assets, HSBC is specifically planning to focus on financial literacy offerings and work sports partners, brand ambassadors and Animoca Brands to co-create educational experiences.

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First Mover Asia: Singapore Wants More Control Over Crypto Companies That Call It Home but Aren’t There; Major Cryptos DropBut Singapore seems to be uncomfortable with the scale of this arrangement. Hundreds of crypto firms are registered there but have no material ties to the city-state, and are outside regulators' grasp; BTC falls. thesamreynolds and JPRubin23 report thesamreynolds JPRubin23 XMetaverse_ X-Metaverse is a blockchain game developed by Cocos3D and can run on Android, iOS and PC. All game content items and characters are based on blockchain tokens and NFTs. The visual effects and gameplay of X-Metaverse are inspired by StarCraft and Star Wars.
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