JPMorgan Funds Metaverse Payments Platform Tilia
A payment platform for metaverse economies Tilia has secured a total of $22 million in funding from JPMorgan and Seoul-based fintech Dunamu to scale and provide KYC-compliant micropayments
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Nissan Tries New Sales Avenues With Four Web3 Trademarks
Nissan enhanced its Web3 efforts with four new related trademarks filed in the US, while its Japan unit is currently experimenting with auto sales in the metaverse
South Korea Launches Metaverse Fund
The Ministry of Science and ICT of South Korea established an investment fund to support the growth of metaverse initiatives in the country
Japanese Banks to Enter Metaverse Economic Zone
Leading Japanese banks and tech companies have joined a metaverse infrastructure project to provide payments, authentication, and insurance services for users across platforms
Virtual Fintech: Banking in the Metaverse
The buzzword of today – metaverse – drives closer attention and huge investments from all major tech players. Retailers and banks cannot stay behind.
Seoul Government Opens City’s First Metaverse Project
According to Seoul’s mayor, Oh Se-hoon, the new virtual environment will allow residents to access official documents, file complaints, and receive help with filing taxes.
CES 2023 Showcases Touch and Smell Tech for Metaverse
Metaverse needs more customised and real-life-like user experiences such as the integration of the senses of smell and touch into VR experiences, as demonstrated at CES 2023
MeetKai Launches Digitising Service and Metaverse Builder
MeetKai startup is launching several new platforms for metaverse creators and users, including a room-scanning service and a tool to build structures and spaces in the metaverse
Fidelity is up for Metaverse and NFT
Investment giant Fidelity Investments is eyeing innovative financial services such as payments in metaverse and NFT marketplace
Nasdaq Revealed What VC Investors Cherish in Metaverse
The new report from Nasdaq found that larger metaverse platforms received more attention from investors this year
Mars Labs & DWF Labs Team Up for Metaverse
The Mars Metaverse, scheduled for official launch in 2024, has gotten $1M investment from the web 3.0 investment company DWF Labs
Apple Might Pursue ‘3D Mixed Reality’
Apple’s job listings and patent applications hint at a new exciting metaverse experience
Visa Is up for Metaverse and NFT
Visa’s recent trademark applications are related to the metaverse, non-fungible tokens (NFT) and digital currency wallets
Banco BPI Opens in Metaverse
Portuguese bank BPI now has a virtual branch which customers can visit using Meta’s Oculus VR headset
Meta Bears More Losses: Investor Criticism Grows
Meta’s revenue decline for the second quarter in a row disappointed shareholders, criticism about heavy metaverse investments grows
JP Morgan makes a strategic investment in Second Life’s payment platform Tilia
Tilia, the payments platform initially built to power the economy of Second Life metaverse, has secured an investment from JP Morgan
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