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Should Banks Be In the Metaverse? JPMorgan Opens a Lounge in Decentraland

Should Banks Be In the Metaverse? JPMorgan Opens a Lounge in Decentraland

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JPMorgan, the largest bank in the U.S., is the first lender to arrive in the metaverse, opening a lounge in Decentraland. The bank also plans to spend upward of $18.41 billion on in-game ad spending. “There are now banks in the metaverse,” Naomi Brockwell says, asking “isn’t it a blockchain world to get away from these things?” “The Hash” crew explores what this means and how the metaverse is beginning to mirror the physical world.

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