Earlier this year, management consultants McKinsey produced a report saying the metaverse has the potential to deliver up to $5 trillion in value by 2030 and is simply too big for companies to ignore. More recently, Bloomberg Intelligence said the metaverse is the next big tech platform, drawing in online game makers, social media and other tech leaders to capture a slice of what they claim is already a $1 market opportunity. 800 billion. They say the metaverse is the next evolution of the internet and social media.

In other words, “the metaverse” is a big deal and the fintech world should formulate its own strategies to bring integrated finance to virtual worlds.

But why exactly?

Deloitte say it In the simplest terms, the…