Telefonica to Invest in Metaverse Through Gamium
Telefonica, one of the largest communication companies in Spain, has decided to invest in Gamium, strengthening its metaverse push. The company will allocate a non-disclosed amount of funds to this metaverse initiative through Wayra, its innovation-based incubator arm. The company is also collaborating with Meta in the creation of a metaverse innovation hub for startups. Telefonica To Invest In Spanish Metaverse Gamium Metaverse initiatives have become popular for companies and VCs to invest in during this market downturn. Telefonica, one of the biggest communication companies in....
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Telefonica, one of the largest telecom carriers in Spain, and Qualcomm, the fabless chip designer, have inked a partnership to advance joint extended reality and metaverse initiatives. Telefonica will use Snapdragon Spaces, a new technology from Qualcomm, to bring these metaverse experiences to its customers. The agreement also includes the possibility of pursuing joint commercial opportunities.
Telefonica Partners With Qualcomm to Bring Metaverse Experiences to Its Customers
Telefonica, one of the biggest telecom carriers in Spain and Europe, has announced a partnership with....
Telefonica, one of the world’s largest telecom companies, has closed an investment in the Spanish cryptocurrency exchange Bit2me. The company, which has been very active in the metaverse space, is entering the crypto payments arena by running a pilot to allow its customers to make payments via its online store Tu.com with an upper limit of $490.
Telefonica Invests in Cryptocurrency Exchange Bit2me
Telefonica, the fourth-largest telecom company in Europe, has decided to tackle the cryptocurrency business. The company announced an investment in Bit2me, a Spain-based....
According to research company MarketsandMarkets, the metaverse market is expected to be valued at $427 billion by 2027. This would mean a Compound Annual Growth Rate (CAGR) of 47% over the next five years from its current $62 billion market cap. With that being said, it’s no wonder more and more companies are racing into […]
Blockchain technology has a lot of potential to disrupt the financial sector, and DigitalX is one of the companies wielding the blockchain for remittance purpose. Now that the company has inked a deal with Telefonica in Latin America, AirPocket will be coming to that region very soon. People active in the world of cryptocurrency and blockchain will have heard of DigitalX before, as the company wields distributed ledger technology for financial purposes. Through its AirPocket mobile app, anyone in the world can become a remittance provider, which established a peer-to-peer network of money....
According to several reports, authorities in South Korea have ordered crypto exchanges OKX and KuCoin to freeze funds connected to Terra founder Do Kwon. In total, the platforms froze over 5,000 BTC or around $60 million at the current market price. Related Reading: Metaverse Welcomes Qualcomm, Telefonica In Joint Extended Reality Project As Bitcoinist reported, […]