Fidelity introduces Metaverse Experience together with new ETFs

Fidelity introduces Metaverse Experience together with new ETFs

The brokerage company Fidelity Investments started his financial training experience in the meta personation in the hope of attracting a new generation of customers.

Decentraland users are encouraged to learn the basics of ETF investing, while exploring the ETFs fidelity-stack Lobby, dance floor and Sky Garden on the roof.

"We are part of a dynamic change because young people take control of their finances in a new way," said David Dintenfass, Chief Marketing Officer and Head of Emerging Customers from Fidelity. "The next generation is looking for time in all places where it spends time, whether physically or virtually, for financial education."

bank analysts from Citi have recently predicted that the web3 economy will reach between $ 8 and $ 13 trillion by 2030.

jpmorgan revealed a virtual lounge in Decentraland in February, and the financial service provider HSBC announced last month that he would acquire virtual properties in the sandbox meta -verses.

fidelity that tries to offer younger investors to educate resources comes after a survey published at the beginning of this month showed that children are better familiar with crypto than their parents. The study carried out by T. Rowe Price showed that 40 % of the children surveyed believe that crypto is the future of investing.

Investopedia Survey 2022 noted that cryptoinvestments of the generation Millennials and generation X are popular, but 49 % of the Americans have only a rudimentary understanding of the digital currency.

fidelity's introduction of the meta-verse experience took place on the same day when the company was noted its crypto industry and digital payments ETF (FDIG) and its meta-verses ETF (FMET) after applying for the funds in January.

fdig and fmet that imitate fidelity indices have cost rates of 39 basis points.

"These are obviously two topics that are hot and of interest to our customers, and we want to be able to solve their needs," Greg Friedman, head of ETF management and the strategy of Fidelity, told Blockworks during the Exchange ETF conference last week in Miami. "Crypto is just another investment class."

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The contribution Fidelity starts meta -verse experience in tandem with new ETFs is not financial advice.