The growth of online virtual worlds will help advance the mainstream adoption of cryptocurrencies for payment transactions but it won't be a game-changer, according to Frédéric Chesnais, chief executive of French fintech company Crypto Blockchain Industries .
Facebook risks missing the point of metaverse - and a coming shift in consumers' behaviour - if it fails to permit digital ownership, according to some of the virtual world's pioneers.
Bitcoin miner Griid Infrastructure said on Tuesday it would go public by merging with blank-check firm Adit EdTech Acquisition Corp in a deal valuing the combined company at about $3.3 billion, including debt.
Demand for digital assets is set to grow as online virtual worlds become more popular but investors face some short-term risks, Animoca Brands' chairman and co-founder Yat Siu said in a Reuters panel on Wednesday.
South Korea's mobile and online game producers are luring players with services using non-fungible tokens (NFTs), jumping on a trend the firms see as the future of the sector and sparking a sharp rally in their shares in recent weeks.