Warba Bank Becomes 1st Islamic Lender To Enter The Metaverse
Warba Bank, an islamic bank headquartered in Kuwait, is the latest banking corporation from the Middle East and North Africa region to make a foray into the metaverse, a massive virtual realm centered on social interaction. In what has been heralded as a first for an Islamic lender, Warba Bank has announced that it now owns […]
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Warba Bank, a Kuwait-based Islamic bank, recently became the latest corporation from the Middle East and North Africa (MENA) to enter the metaverse. The bank now occupies two sites in the metaverse, one Decentraland and another one on Sandbox.
Pioneering Digital Transformation
In what has been described as a first for an Islamic bank, the Kuwait-based Warba Bank recently said it now occupies two sites in the metaverse, one on Decentraland and another on Sandbox. The bank’s presence in the metaverse is expected to bolster its communication with the young generation.
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DBS Bank has teamed up with The Sandbox, a blockchain-based metaverse gaming platform, to develop new services for customers in the 3D virtual environment that employs digital avatars. DBS Bank, the largest lender in Southeast Asia, seals a deal with The Sandbox as the first financial institution in Singapore to make a foray into the […]
Standard Chartered Bank has become the latest major bank to enter the metaverse. The bank has acquired “virtual land at The Sandbox metaverse’s Mega City district, a culture hub based on or inspired by Hong Kong talents.”
Standard Chartered Bank Forays Into the 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 [a] metaverse experience.”
Standard Chartered is a leading global....
HSBC, the British banking giant, makes its foray into the metaverse in a cutting-edge partnership with The Sandbox. With little to no favorable remarks or mindsets toward the cryptocurrency field until lately, the financial behemoth has become the first global lender to enter The Sandbox metaverse, the blockchain gaming firm announced Wednesday. The alliance creates […]
A decentralized bank that will cater to cryptocurrency transactions will be the new addition to the growing list of lenders making a presence in the metaverse. Meta Bank Defi announced Monday that it is developing a new platform to capitalize on the unique benefits of decentralized finance and to facilitate the development of simple and […]