JPMorgan is officially the first bank globally to jump into the metaverse with the launch of its virtual outlet on Decentraland.
The company has also released a whitepaper discussing the new blockchain-based virtual technology, and the infinite profitable opportunities it presents.

JPMorgan Chase, America’s largest bank, has taken significant steps in the quest for conquering the metaverse. The world‘s largest bank by a market capitalization of $368.78B has officially opened an office in the blockchain-based 3D virtual world of Decentraland.
Dubbed the Onyx Lounge, the outlet provides JPMorgan’s customers with Ethereum-based services, all detailed in a recently published white paper. 
According to the bank’s head of crypto and the metaverse, Christine Moy, JPMorgan’s venture is a direct response to growing customer interest in the metaverse. The bank’s white paper enlightens clients about the metaverse without all the unnecessary “noise” that comes with new tech. Mo

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