VR News and Press, Global X Metaverse ETF From 05/25/23

AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Validus Reinsurance, Ltd. (Validus Re) (Hamilton, Bermuda) and Validus Reinsurance (Switz...

2023-05-18 07:10:39 ET Subversive Capital Advisor announced this week that it was shutting down an exchange traded fund focused on the metaverse, calling the sector "misguided" and shifting its focus toward other technologies, such as AI. The move will lead to the liquidation of the Sub...

2023-04-22 01:30:00 ET Summary The digital transformation has been accelerating since the pandemic began in 2020, from fully remote to hybrid working to the digitization of products and services. So even though the economy may be slowing down or feeling the effects of rising inter...

2023-04-05 02:15:00 ET Summary The metaverse - represented by immersive, shared online virtual worlds - has captured the attention not only of gamers, but also global enterprise across many industries. While metaverse-related stocks have struggled amid the recently beaten down tec...

Summary The concept of the Metaverse has evolved from a virtual gaming space to something that now encompasses a much broader range of applications, including commerce, education, socializing, and entertainment. We like to define the metaverse as the merging of your digital and your phy...

Summary The metaverse might sound futuristic, but the investment opportunities are here and now. We see the most immediate opportunity in those companies that can supply the big internet, software and smartphone companies with the ingredients they need to develop glasses and headsets. ...

Summary Macroeconomic headwinds couldn’t dampen the enthusiasm for the latest developments in disruptive technology at CES 2023. We found sentiment particularly high with innovation offering the promise of increased efficiency, reduced costs, and unlocked profits. Among the h...

Meta (NASDAQ: META) CEO Mark Zuckerberg, who has spent billions of dollars developing the metaverse, was notified that its bet has yet pay dividends for the struggling tech company. According to data, sales for VR headsets in the U.S. fell 2%, compared to the previous year. ...

Summary All major U.S. crypto lenders - Blockfi, Genesis, Voyager and Celsius - have now suspended withdrawals and are either in bankruptcy or negotiating privately with creditors. There’s been a record withdrawal of BTC from centralized exchanges to cold wallets. Thus, liquidity...

Summary Digital assets are a new and distinct asset class that, despite considerable volatility, is rapidly maturing. To analyse digital assets, we apply the lens of traditional finance (“TradFi”). By combining this framework - informed by decades of experience in eq...