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Benzinga

Business

Samyuktha Sriram

JPMorgan Opens A Lounge In Decentraland, Sees $1 Trillion Metaverse Opportunity

JPMorgan JPM Decentraland NYSE JPMorgan Chase & Co.

Wall Street banking giant JPMorgan Chase & Co. (NYSE:JPM) has become the first major bank to enter the metaverse.

What Happened: The bank opened a lounge in blockchain-based virtual world Decentraland (CRYPTO: MANA) on Tuesday, and issued an 18-page report on how it sees the metaverse as a $1 trillion market opportunity.

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One subscription that gives you access to news from hundreds of sites

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