JP Morgan Chase, the largest bank in the US, has declared its foray into the metaverse by building an Onyx lounge in Decentraland, the blockchain-based virtual world.

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JP Morgan has officially entered the metaverse, opening a lounge in Decentraland, a virtual world based on blockchain technology. The “Onyx lounge” was unveiled along with a report from the bank outlining “limitless” opportunities for businesses in the metaverse and why there is “explosive interest.”

Officially, The Very First Bank to enter the Metaverse, JPMorgan announced that it has created a lounge in Decentraland, “There is a lot of interest from clients to understand more about the metaverse”.
“We created our white paper to help clients cut through the noise and highlight what the current reality is, as well as what needs to be built next in technology, business infrastructure, privacy/identity, and workforce, in order to maximize the full potential of our lives in the metaverse,” says the bank.

https://metanews.com/metaverse-jpmorgan-created-a-lounge-in-decentraland/

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