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HBAR Foundation Commits $250M to Drawing Metaverse Apps to Hedera

Hedera Hashgraph, known for its blockchain-like distributed ledger technology (DLT), will put $250 million in native HBAR tokens towards developing enterprise applications in the metaverse. “The Hash” hosts discuss the latest investment into Web 3 and why this is a continuing story to watch.

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Finanza

Andreessen Horowitz, SoftBank Lead $150M Raise for Metaverse Startup Improbable

The multiplayer services provider is accelerating its push into the metaverse.

A scene from inside Decentral Games' metaverse casino. (Eli Tan/CoinDesk)

Finanza

Hashed Leads $6.5M Round for LOVO’s AI-Backed Voice NFTs

The company wants its synthetic speech tools to be used in chat apps or as in-game assets.

(Petr Macháček/Unsplash)

Finanza

HBAR Foundation Commits $250M to Drawing Metaverse Apps to Hedera

The announcement follows a $155 million DeFi fund launched at the end of March.

(Henry & Co./Unsplash)

Mercati

21Shares Launches Metaverse ETP via Sandbox’s SAND Token

The launch marks 21Shares’ 30th cryptocurrency ETP offered and will be cross-listed on Euronext Paris and Amsterdam

The Sandbox

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Meta Exploring Non-Blockchain-Based Virtual Currency: Report

The company’s plans for NFT features on Facebook and Instagram also continue to advance.

MENLO PARK, CALIFORNIA - OCTOBER 28: A pedestrian walks in front of a new logo and the name 'Meta' on the sign in front of Facebook headquarters on October 28, 2021 in Menlo Park, California. A new name and logo were unveiled at Facebook headquarters after a much anticipated name change for the social media platform. (Photo by Justin Sullivan/Getty Images)

Mercati

Metaverse Majors Struggle as User Base Falls Short of Market Expectations

Decentraland, Axie Infinity and The Sandbox have larger valuations and fewer active users than non-blockchain games.

(AxieInfinity.com)

Finanza

HSBC Starts Metaverse Fund for Private Banking Clients in Asia

The Metaverse Discretionary Strategy portfolio aims to capture opportunities arising from the next iteration of the internet, the bank said.

HSBC's building in Hong Kong. (Christian Mueller/Shutterstock)

Mercati

Market Wrap: Bitcoin Rebounds Amid Lower Volatility, Altcoins Outperform

AAVE rallied by 20%, compared with a 4% gain in ETH and 9% rise in SOL on Friday.

Cryptos rebounded after Thursday's dip. (Markus Spiske, Unsplash)