hsbc

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The Sandbox Looks to Raise $400M at $4B Valuation: Report
The metaverse platform is in talks with new and existing investors.
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HSBC Starts Metaverse Fund for Private Banking Clients in Asia
The Metaverse Discretionary Strategy portfolio aims to capture opportunities arising from the next iteration of the internet, the bank said.
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Grab’s Technology Head Departs to Lead Metaverse Gaming Firm Ethlas: Report
Many high-level executives of traditional technology firms have left their jobs to dive into the metaverse, with Grab’s head of technology, Wui Ngiap Foo, being the latest.
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Big Banks Are Entering the Metaverse
Plus a look at recent news from around the crypto industry.
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HSBC Enters the Metaverse Through Partnership With The Sandbox
The bank wants to engage with sports, e-sports, and gaming fans on the metaverse.
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Wells Fargo, HSBC to Settle Forex Transactions Using Blockchain
The banking giants will use a blockchain product to settle U.S. dollar, Canadian dollar, pound and euro transactions.
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HSBC UK Blocks Payments to Binance Exchange
The move follows the FCA's announcement that Binance cannot conduct regulated activities in the country.
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HSBC Goes Live on UAE's 'KYC' Blockchain Platform
Data shared over the platform's blockchain enables institutions to see shared data about new customers.
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HSBC CEO Says Bank 'Not Into Bitcoin' Due to Concerns Over Volatility: Report
The CEO of one of Europe's largest banks points to bitcoin's volatility as the primary reason for not pursuing a digital asset trading desk.
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Add Coinbase to the List of Crypto Stocks HSBC Won't Touch
An HSBC representative said the bank has “limited appetite to facilitate products or securities that derive their value from virtual currencies.”
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