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.

Andreessen Horowitz, SoftBank Lead $150M Raise for Metaverse Startup Improbable
The multiplayer services provider is accelerating its push into the metaverse.

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.

HBAR Foundation Commits $250M to Drawing Metaverse Apps to Hedera
The announcement follows a $155 million DeFi fund launched at the end of March.

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

Meta Exploring Non-Blockchain-Based Virtual Currency: Report
The company’s plans for NFT features on Facebook and Instagram also continue to advance.

First Mover Americas: Luna Foundation Guard Is Back Buying Bitcoin, Fed Minutes on Deck
The latest moves in crypto markets in context for April 6, 2022.

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.

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.

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.
