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The metaverse is a massive opportunity for crypto that calls for new platforms and tokens, Bank of America strategist says
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markets.businessinsider.comTyrone Siu/Reuters
The metaverse is a massive opportunity for blockchain technology, and it will finally cause cryptocurrencies to start being used widely for transactions, according to a strategist at Bank of America.
Haim Israel told Insider Tuesday that the metaverse is likely to drive a boom in development in the crypto world, as people race to create virtual-world platforms.
«I definitely believe this is a massive, massive opportunity,» the head of global thematic investment strategy at BofA said. «You need the right platforms … that is definitely going to be a big opportunity for this entire ecosystem.»
Israel predicted that the metaverse is where «we're going to start using cryptocurrencies as currencies.» But he said existing digital
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