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Bank of America: Metaverse is a huge opportunity for the cryptocurrency industry

dec 6, 2021 | min read

Take a step forward with Wexo. Find out what's new in the cryptocurrency world and the latest from the last week in our article.

Bank of America: Metaverse is a huge opportunity for the cryptocurrency industry

Bank of America CEO and global strategist - Haim Israel - in a recent interview described the metaverse as a tool that will lead the cryptocurrency industry to mass adoption, if certain conditions are met: “I certainly believe this is a huge, huge opportunity. You need the right platforms...which will certainly be a great opportunity for this whole ecosystem.” (1)

Adidas joins Metaverse with NFT partnership

On Thursday, Adidas announced that it is joining Metaverse in partnership with Bored Ape Yacht Club, gmoney NFT, and PUNKS Comic. “Metaverse is the place where anyone can express their most original ideas and be their most authentic self - in any form. And thanks to blockchain (and NFT), these pioneers can own a piece of what they create,” said Adidas on its mobile app. (2)

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Twitter founder Jack Dorsey is leaving to build Block - a blockchain company

Square for digital payments has announced the company's new name is Block - as a move towards blockchain technology. “Block is the new name, yet our purpose to strengthen the economy remains consistent. No matter how we grow or change, we will continue to create tools that will help increase access to the economy,” said Jack Dorsey. The rebranding comes just two days after the CEO of Square - now Block - Jack Dorsey resigned from his position at Twitter. (3)

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Source: www.cointelegraph.com (1) www.cointelegraph.com (2) www.cointelegraph.com (3)

Martin Kuchár