DBS, one of Asia’s largest banks that manages $488 billion in assets, has announced a partnership with metaverse platform The Sandbox.
Singapore-based banking giant The content published by DBS included information on the details of the agreement. According to the published details, the partnership with The Sandbox aims to create new services for DBS customers in the virtual world. Bank, DBS BetterWorld To build a metaverse private property named The Sandbox on in 3×3 scale will buy a plot of land.
With this breakthrough, DBS became the first bank in Singapore to enter the metaverse universe. The company recently announced that it will diversify its crypto money services and expand the customer portfolio interested in these investments. 300 times announced that it would increase
DBS CEO Piyush Gupta In the announcement about the said agreement, he made the following statements:
The biggest innovations in the financial world in the last decade have been catalyzed by digital developments. In the next decade, these changes, driven by new technologies such as artificial intelligence and blockchain, have the potential to have an even deeper impact. While Metaverse technology is still evolving, it could change the way banks interact with their customers.
While blockchain technology has gained a reliable place in the technology markets, the big players of the sector have started to invest in this field without wasting time. Recently, the popular metaverse project The Sandbox, Renault Korea Motors It also announced that it had signed an agreement that would provide consumers with new ways to experience vehicles digitally.