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Investment Insights
Augmented reality (AR) glasses maker Nreal raised US$60 million in its Series C+ led by Alibaba, which joins rival Chinese tech giants Tencent and ByteDance in a race into the metaverse. See related article: Why the metaverse is a trillion dollar opportunity Fast facts See related article: Foxconn’s Taiwan subsidiary receives investment from Google for […]
Ningwei Qin
Market Analysis
Chinese telecommunications equipment maker ZTE has successfully registered a number of metaverse-related English trademarks. See related article: ‘Metaverse’ enters government radar at China’s Two Sessions Fast facts ZTE’s trademarks fall under the scientific equipment and communication services categories, setting the stage for the firm to provide related services in the metaverse. The partially state-owned Chinese […]
Timmy Shen
Economic Impacts
Capital control limiting outflows may be less of an issue in the future with e-CNY being a ‘controllable currency,’ experts say.
Timmy Shen
Investment Insights
Europe’s first metaverse-themed exchange-traded fund (ETF), the ETC Group Global Metaverse UCITS ETF (METR), listed on the London Stock Exchange Thursday, available for sale across Europe. See related article: Hong Kong gears up for its first metaverse ETF Fast facts The ETF will track the Solactive ETC Group Global Metaverse Index, which currently offers exposure […]
Dylan Butts
Economic Impacts
While crypto used to be associated with a ‘bro’ culture, it is now maturing into a hotbed for inclusivity, writes Cynthia Wu of Matrixport.
Cynthia Wu
Market Trends
The two leading candidates to become South Korea’s next president entered the metaverse to answer questions from avatars believed to be controlled by voters in their 20s and 30s. See related article: S.Korean presidential candidate issues over 22,000 NFTs Fast facts Ruling Democratic Party candidate Lee Jae-myung and opposing conservative People’s Power Party candidate Yoon […]
Danny Park
Economic Impacts
Regulation is urgently needed to govern data security and curb speculation as the metaverse industry develops, delegates say.
Timmy Shen
Market Analysis
As the public tires of Big Tech’s privacy abuses, Web3’s premise of decentralization has never looked better, writes Edward Chen of Huobi.
Edward Chen
Investment Insights
South Korea’s Ministry of Science and ICT announced Sunday a KRW 223.7 billion (US$185 million) investment to build the nation’s metaverse ecosystem. See related article: South Korea wants to be the physical home of the metaverse Fast facts The ministry will use its war chest to develop the decentralized creator economy, nurture talents, and support […]
Danny Park
Investment Insights
NH-Amundi Asset Management listed its second metaverse exchange-traded fund (ETF) Tuesday that will specifically invest in metaverse-related companies in the U.S. See related article: Hong Kong gears up for its first metaverse ETF Fast facts The HANARO U.S. Metaverse iSelect ETF follows 20 key players in the U.S. metaverse, virtual and augmented reality, and the […]
Danny Park
