Fidelity, a firm with $11.3 trillion in assets under administration, has entered the metaverse with the launch of an 8-story learning center and a metaverse ETF. crypto
Fidelity Investments, a major financial services firm with $11.3 trillion in assets under administration, has entered the metaverse with the opening of an eight-story learning center and the launch of a metaverse exchange-traded fund . The Fidelity Stack features “a multi-level design complete with a lobby, dance floor, and rooftop sky garden for users to explore on foot – or even through teleport.
The Fidelity Stack is an eight-story building in the metaverse where visitors can learn about different ways of investing. One whole floor is dedicated to providing information about, the firm’s new exchange-traded fund focusing on metaverse investments. Fidelity explained: The Fidelity Stack, built in Decentraland, features a multi-level design complete with a lobby, dance floor, and rooftop sky garden for users to explore on foot – or even through teleport.
“In the Invest Quest at The Fidelity Stack, users are challenged to traverse the building learning the basics of ETF investing while gathering ‘orbs’ along the way,” the announcement continues. Decentraland is an Ethereum-based metaverse opened to the public in January 2020. In February, global investment bankInside The Fidelity Stack in Decentraland. Source: DecentralandThe way we engage with each other and with our money is rapidly changing, whether that’s through the rise of blockchain technology or development of a new digital universe. Our foray into the metaverse is designed with this in mind.
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