Cologne The boundaries between the real and virtual world are becoming increasingly blurred – a trend from which the fund industry wants to benefit. She discovered the Metaverse for herself.
Science fiction author Neal Stephenson coined the term thirty years ago. Now his novel Snow Crash is making a comeback. For the main character of the book, a virtual place where people meet with their self-designed avatars is more important than the real world – the Metaverse. It’s not just “the next big thing” for technology freaks, Web 3.0 after the internet and smartphones.
Over the past year, at least 10 money managers have launched funds that invest in the stocks of companies involved in developing the Metaverse or planning to integrate it into their business model.
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