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HSBC just followed JPMorgan into the metaverse. But returns are far from reality
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Bets on the metaverse are untried and untested, and investor returns could still be “years away”, analysts warned.
HSBC announced plans earlier this month to take a stake in so-called Web3 technology, securing a partnership with Sandbox, a metaverse gaming firm with tie-ups with the likes of sports brand Adidas and rapper Snoop Dogg.
HSBC is...
Read more on fnlondon.comAbout this in other media
HSBC debuts metaverse investment fund in Asia: Report cointelegraph.com /2 years ago
HSBC Taps Into Virtual Reality With Metaverse Portfolio For Rich Asian Clients ndtv.com /2 years ago
Key people from the Fed just spooked the markets — here's what they said cnbc.com /2 years ago
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