HSBC Enters Metaverse by Partnering with The Sandbox

UK-based banking giant HSBC has announced that it has partnered with The Sandbox to become the first global bank to enter the metaverse.

He shared with The Sandbox’s official Medium account on March 16, that HSBC’s sports communities in order to interact He stated that he established this partnership.

HSBC, a financial services provider that aims to engage with athletes, esports and gaming enthusiasts, has created a platform in The Sandbox metaverse. LAND bought it.

HSBC Asia-Pacific Marketing Manager Suresh Balaji said in a statement on the subject:

Metaverse is the way people experience the new Web3 using technologies like augmented reality and virtual reality. At HSBC, we strive to create new opportunities and experiences for our customers and the communities we serve. We are stepping into the Metaverse through our partnership with The Sandbox and we are excited to be working with Animoca Brands.

said.

HSBC is said to have been quite against cryptocurrencies in the past. In January last year, the company blocked British people from withdrawing money from exchanges to their bank accounts, and in March HSBC CEO Noel Quinn announced that they were not interested in bitcoin.

However, in November 2021, the bank ConsenSys, which develops software for the Ethereum blockchain He had participated in a funding round in which he received an investment of 200 million and worked with Wells Fargo to research and use blockchain technology. have formed a partnership had announced.

source site-9