Standard Chartered buys land in The Sandbox metaverse
Standard Chartered Bank announced Tuesday that its subsidiary, Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), has partnered with The Sandbox, a popular blockchain virtual gaming platform, to create metaverse experience.
The bank explained that it is the first bank to acquire “virtual land at The Sandbox metaverse’s Mega City district, a culture hub based on or inspired by Hong Kong talents.” Other major banks and financial services firms that have entered the metaverse include JPMorgan, HSBC, and Fidelity Investments.