HSBC Forays The Metaverse After JPMorgan

March 16, 2022 10:02 AM | 1 min read | Make a Comment

HSBC Holdings PLC HSBC acquired a space in The Sandbox metaverse to engage with its sports-focused users.
The financial terms of the transaction remain undisclosed.
Also Read: JPMorgan Opens A Lounge In Decentraland, Sees $1 Trillion Metaverse Opportunity
“Through our partnership with The Sandbox, we are making our foray into the metaverse, allowing us to create innovative brand experiences for new and existing customers,” said Suresh Balaji, HSBC’s CMO.
The Sandbox is a blockchain-based mobile game consisting of a map of virtual lands.
Price Action: HSBC shares traded higher by 2.06% at $32.19 on the last check Wednesday.

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.