HSBC to Become The First Global Financial Services Provider to Enter The Sandbox

Key Takeaways:

  • The Sandbox joins hands with HSBC.
  • This collaboration will bring in a series of exciting opportunities in the world of Metaverse and Web3. 

The growth of the gaming industry in the crypto market has been on the rise with remarkable collaborations. Earlier today, The Sandbox has announced its partnership with HSBC, one of the world’s largest international banking and financial services providers. 

The collaboration aims to bring worldwide financial services and the sports community closer. The Chief Marketing Officer, Asia Pacific, HSBC, Suresh Balaji, has said, “…Through our partnership with The Sandbox, we are making our foray into the metaverse, allowing us to create innovative brand experiences for new and existing customers”. 

The international services provider will now obtain a plot of LAND and real estate digitally in The Sandbox metaverse. Other global organizations will now also be able to keep growing in Web3. It has been made possible as the customer reception rate asks for better experiences in the metaverse. It can only be done via decentralized and gamified offerings. 

The COO and Co-founder of The Sandbox, Sebastien Borget, said, “We’re pleased to see large, trusted institutions such as HSBC join The Sandbox open metaverse and embrace the culture of Web3, connecting with users through entertainment, gaming, and user-generated content. We believe this is the beginning of broader adoption of Web3 and the metaverse by institutions driving brand experiences and engagement within this new ecosystem.”

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Shreya Bhattacharya

A journalist & writer exploring new topics every day!