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Bank of Thailand To Legalize Virtual Banks by 2025 To Boost Economy

By the end of 2023, applications will be ready for virtual banks to get licensed. By the year 2024, the Bank of Thailand plans to...

McDonald’s Launches Metaverse Campaign For Lunar New Year

The 30-second ad draws inspiration from Cheng’s warm recollections. McDonald’s created a customizable 3D avatar that can be used by anybody. McDonald’s has teamed up with...

Apple’s Reality Pro Headset To Be Launched This Spring

The operating system for the headset is said to be dubbed xrOS. The Reality Pro headset is said to cost upwards of $3,000. Apple is said...

Jack Ma No Longer Leading Shareholder in Fintech ‘Ant Group’

A $37 billion IPO by Ant Group in Hong Kong in 2020 was halted by Chinese authorities. The Chinese tycoon’s share of the company’s voting...

Metaverse Could Possibly Bring in $5 Trillion by 2030 as per Mckinsey

The report emphasized the need for four technological enablers for the Metaverse. The metaverse may host more than half of all live events. While enthusiasm for...

Animoca Brands Decreases $2B Metaverse Fund Raising Goal to $1B

Siu earlier said that the target range for Animoca Capital’s fundraising was $1B–2B. The real fundraising process will begin in the first quarter of 2023...

Japan’s Gaming Firm ‘Gumi’ Partners With Square Enix and SBI Holdings

SBI Holdings will increase its position in the firm to 22.46%. Square Enix’s shareholding will be very little at 3.01%. There has been a recent uptick...

Kannada Film Forays Into Metaverse With Upcoming Release

In this metaverse-based Kannada film, audiences may interact with the actors. This is a huge win for the Kannada movie industry. The “Made in Bengaluru” Kannada...

Fidelity Investments Ventures Into Metaverse to Offer Web3 Services

Fidelity Investments has submitted a series of trademark applications for various NFT & Investment services. The firm will primarily focus on mutual funds, retirement funds,...

Mercedes-Benz Trying to Seek Metaverse Trademarks

Mercedes-Benz files for NFT and metaverse trademarks. Mercedes formula one team previously released NFT tickets for Miami Grand Prix. Mercedes-Benz group, the German luxury automobile is...

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