As the digital asset market has matured, incumbents are starting to take notice. Citi announced a partnership with METACO to establish digital asset capabilities.
The memes and trivial announcements surrounding metaverses hide their true potential. Financial services could be fundamental.
One of the common threads in the evolution of both Web2 and Web3 is they both spawned furious levels of innovation and competition.
For incumbents, changing existing financial infrastructure systems is like taking the engine out of the plane in mid-air.
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