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Metaverse is a 'Massive, Massive Opportunity' for Crypto – BofA Strategist
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The metaverse will be what finally pushes crypto to be used as currencies in the virtual world, a strategist at Bank of America (BofA) said about the potential of the fast-growing crypto niche.
"I definitely believe this is a massive, massive opportunity […] You need the right platforms […] that is definitely going to be a big opportunity for this entire ecosystem,” Bank of America’s head of global thematic investment strategy, Haim Israel, was quoted by Insider as saying.
He added that the metaverse is where "we're going to start using cryptocurrencies as currencies," although he also said that this will most likely be in the form of stablecoins, given the volatility of cryptocurrencies.
The metaverse is likely to contribute to a new boom in
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