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The metaverse is a massive opportunity for the crypto space, according to a Bank of America strategist; Haim Israel who predicted that cryptocurrencies will finally be used widely for transactions in virtual worlds.
He said crypto-based platforms will need developing, creating “a big opportunity for this entire ecosystem.”
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”.
