September 13, 2022, Dubai, UAE // PRODIGY: Feature Story //
The metaverse is fast becoming a global phenomenon, ushering in a new era of the internet age. It is the revolutionary representation of the physical world versus the advancing digital world.
The nascent, emerging technology called Web3 is the central engine driving the speed at which the metaverse is evolving. The Metaverse is shaping a new dimension of growth and opportunity for multiple industries – enabling people and businesses to connect, engage, collaborate and guide innovation.
Recently, big banks like DBS, JPMorgan and HSBC launched on the Metaverse. Gartner predicts that by 2026, 25% of people will spend at least an hour a day on the Metaverse.
While the Metaverse is still in its infancy, forward-thinking companies such as encryption take advantage of the new opportunities in the constantly evolving industry. Encryptus has opened its own virtual office in the Metaverse, becoming the world’s first institutional desk to enter the sphere to host Crypto < > Offer fiat services on the Bloktopia metaverse.
The avant-garde trading desk provides crypto exchanges, high net worth individuals, sovereign wealth funds, venture capitalists, asset management firms, institutional investors, fund managers and retail investors with a compliant and licensed crypto desk for converting their major crypto assets fiat currency and fiat currency to cryptos.
With a core focus on technology, compliance, surveillance and the sharing economy; Encryptus has automated the user journey from onboarding to wallet whitelisting. The platform supports BTC, ETH, USDC, USDT and MATIC on the crypto side and supports GBP, EUR and USD on the fiat side
“We are excited to be the first crypto <> fiat trading platform in the Metaverse. According to one of the reports, Metaverses are set to host a total of $800 billion worth of transactions by 2024. Encryptus is excited to be part of…
