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HSBC debuts metaverse investment fund in Asia: Report

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HSBC’s new Metaverse Discretionary Strategy portfolio will focus on investments within five metaverse segments, including virtualization and interface.

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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