JPMorgan Enters Decentraland Metaverse

JPMorgan has officially become the first bank institute to join the Metaverse by opening a virtual lounge in the popular Metaverse, Decentraland.

With a $1T market opportunity potential, big names are joining the Metaverse including fashion brands as we mention in the “Battle of the Metaverse” article.

The Onyx LoungeΒ is named after JPMorgan’s in-house blockchain payment system. It’s located in Decentraland’s Metajuku Mall, where guests are greeted by a roaring tiger and a digital portrait of Jamie Dimon, CEO of JPMorgan. Also, if players walk upstairs, they can watch an executive’s presentation on the economics of cryptocurrency.

The next step will be to open a branch where users can get loans, stocks and other financial services.

” The Metaverse will likely infiltrate every sector in some way in the coming years, with the market opportunity estimated at over $1 trillion in yearly revenues,” while also highlighting that $54 billion is already being spent on virtual goods each year β€” twice the amount spent on buying music.


Stay always up to date:

πŸ“° Don’t Miss a thing: Join the News-Telegram Channel or The Discussion Group.

πŸ₯In Your Feed: Follow us on Twitter, Facebook & Instagram.

πŸ“Ί Let’s Watch: Youtube Subscribe & Chill.

πŸŽ™οΈUseful Channels: NFT Giveaway Channel & Early Adopter Opportunities Channel.

πŸ•ΉοΈGaming Guild & Scholarships: Join our Discord.

πŸ“«Saturday Mail Recap: Subscribe for the Blockchain Gaming Digest.


We use affiliate links when possible. At no cost to you, we may earn some crypto or nfts.

While we strive for the accuracy of the content, we provide it “as-is.” We take no responsibility for any actions or results. We write about games, treat them as games. We don’t give investment advices. Always do your own, extensive research.

News Team

News Team

The News Team. A collaborative account.

Leave a Comment