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Decentraland Becomes the First Metaverse with Real Bank Branch of JPMorgan -Breaking

by Mike Robinson

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Decentraland is the First Metaverse, with Real Bank Branch at JPMorgan

In the cryptocurrency field, an unexpected acquisition occurred. JPMorgan (NYSE 🙂 is the biggest financial service provider and investment bank in the world. They have opened a lounge to represent the bank in Decentraland.

JPMorgan does not intend to offer its services through the branch at this time. On the other hand, they don’t deny such a series of events in the future. Metaverses will require financial services, such as traditional payment integration, mortgages and exchanges. JPMorgan also owns Onyx which is a platform for blockchain acceleration. So they’re very familiar.

“The success of building and scaling in the metaverse is dependent on having a robust and flexible financial ecosystem that will allow users to seamlessly connect between the physical and virtual worlds,” the company commented.
Inside the virtual building, you’ll find a tiger and a portrait of JPMorgan’s CEO Jamie Dimon. It’s interesting that the bank chose Decentraland instead of The Sandbox. Although the first bank is the pioneer in metaverses within the crypto community, the second one tends to be active in marketing, collaborating with icons such as Warner Brothers and Snoop Dogg.

View the archived updates from Decentraland

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