Fidelity has joined the growing list of major corporations joining the metaverse and committing capital investments towards its growth. Fidelity has chosen to do this in two ways:
- Virtual Fidelity property in Decentraland, that offers “gamified” financial education
- FMET – an official Fidelity ETF that gives exposure to metaverse-related companies
With these two offerings we see that Fidelity is expecting the metaverse to grow in a major way and has positioned itself to profit not just from financial investment growth, but also to expand the core business into the metaverse itself and offer its financial education services in the metaverse as well as brick-and-mortar. This marks yet another company moving its corporate business into the metaverse reality.
Fidelity is often at the forefront of emerging technologies. They were one of the first companies to embrace Bitcoin and their research department has been mining Bitcoin for many many years. It is no surprise that they are leading the way in the metaverse. Will we be looking back in 5 years to see Fidelity once again had amazing foresight into the future of technology?
To take a video tour of Fidelity’s office in the Decentraland metaverse on Fidelity’s youtube channel!