{"id":427765,"date":"2022-04-06T16:22:02","date_gmt":"2022-04-06T13:22:02","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/hsbc-debuts-metaverse-investment-fund-in-asia-report\/"},"modified":"2022-04-06T16:22:02","modified_gmt":"2022-04-06T13:22:02","slug":"hsbc-debuts-metaverse-investment-fund-in-asia-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/hsbc-debuts-metaverse-investment-fund-in-asia-report\/","title":{"rendered":"# HSBC debuts metaverse investment fund in Asia: Report"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2554919f6af\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2554919f6af\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/hsbc-debuts-metaverse-investment-fund-in-asia-report\/#%E2%80%9D_HSBC_debuts_metaverse_investment_fund_in_Asia_Report_%E2%80%9C\" >&#8221; HSBC debuts metaverse investment fund in Asia: Report &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_HSBC_debuts_metaverse_investment_fund_in_Asia_Report_%E2%80%9C\"><\/span>&#8221; HSBC debuts metaverse investment fund in Asia: Report &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvZDM0YThkMmUtMjk5OS00YTY2LThkNjAtNmQ3ZWM1MWEwMjZkLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>Global banking giant HSBC Holdings has rolled out its metaverse investment product for wealthy clients in Singapore and Hong Kong, according to multiple <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> reports.<\/p>\n<p>Called the Metaverse Discretionary Strategy portfolio, the new product is managed by HSBC\u2019s asset management arm, HSBC Asset Management. The fund aims to provide high net worth professional investors and accredited investor clients with exposure to new investment opportunities in the metaverse industry.<\/p>\n<p>According to a Wednesday report by Reuters, HSBC\u2019s metaverse fund will <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/hsbc-launches-metaverse-portfolio-wealthy-asian-clients-2022-04-06\/\">focus<\/a> on investment within five major segments in the metaverse ecosystem; namely, infrastructure, computing, virtualization, experience and interface.<\/p>\n<p>\u201cWe see many exciting opportunities in this space as companies of different backgrounds and sizes are flocking into the ecosystem,\u201d HSBC Asia Pacific\u2019s Lina Lim said.<\/p>\n<p>Nicholas Dowell, portfolio manager at HSBC Asset Management in London, reportedly <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-04-06\/hsbc-launches-portfolio-on-metaverse-for-rich-asian-clients\">noted<\/a> that the concept of the metaverse is important for HSBC as a major milestone of the evolution of the internet, stating:<\/p>\n<blockquote><p>\u201cThe metaverse is seen by many as the next stage in the evolution of the internet, with the effect it has on our daily lives expected to be as impactful as we saw in the early nineties.\u201d<\/p><\/blockquote>\n<p>HSBC did not immediately respond to Cointelegraph\u2019s request for comment. This article will be updated pending new information.<\/p>\n<p>On March 16, HSBC officially announced plans to buy a piece of land in the virtual reality world within the blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a> The Sandbox for an undisclosed amount. Managing $2.4 trillion in assets, HSBC is specifically planning to focus on financial literacy offerings and work with sports partners, brand ambassadors and Animoca Brands to co-create educational experiences.<\/p>\n<p>By moving into the metaverse industry, HSBC became one of the world\u2019s first major banks to open its own space in virtual reality. In February, the investment bank JPMorgan became the first major bank to join the metaverse by launching a virtual lounge in blockchain-based Decentraland in order to capitalize on a $1-trillion market opportunity.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Crypto trading to move to the Metaverse, says developer-focused study<\/em><\/strong><\/p>\n<p>While progressing with the metaverse adoption, HSBC has not been a big fan of cryptocurrencies like Bitcoin (BTC). In September 2021, HSBC Group CEO Noel Quinn outlined the firm\u2019s commitment to supporting central bank digital currencies while stressing skepticism over risks associated with cryptocurrencies and stablecoins. He previously argued that HSBC was not interested in running a crypto trading desk or offering any crypto investment services to its clients.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/hsbc-debuts-metaverse-investment-fund-in-asia-report\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; HSBC debuts metaverse investment fund in Asia: Report &#8220; Global banking giant HSBC Holdings has rolled out its metaverse investment product for wealthy clients in Singapore and Hong Kong, according to multiple media reports. Called the Metaverse Discretionary Strategy portfolio, the new product is managed by HSBC\u2019s asset management arm, HSBC Asset Management. The&#8230;<\/p>\n","protected":false},"author":1,"featured_media":427766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvZDM0YThkMmUtMjk5OS00YTY2LThkNjAtNmQ3ZWM1MWEwMjZkLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[91498,95118,74355,25196,71939,117,43256,71879,73711,5012],"class_list":["post-427765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-metaverse","tag-nft","tag-adoption","tag-asia","tag-banks","tag-business","tag-hong-kong","tag-hsbc","tag-investments","tag-singapore"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/427765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=427765"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/427765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/427766"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=427765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=427765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=427765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}