BREAKDOWN: Big Banks Are Entering the Metaverse

Plus a look at recent news from around the crypto industry.

This episode is sponsored by Nexo.io, Arculus and FTX US

On today’s episode, NLW looks at recent crypto industry news, including: 

Yuga Labs’ purchase of CryptoPunks and MeebitsA leak deck about Yuga’s metaverse ambitionsHSBC becomes the first bank in The SandboxFundraising from ConsenSys and an ex-Meta team The mayors of Miami and New York City say “HODL” 

 

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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, TX. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code BREAKDOWN to get 15% off your pass at www.coindesk.com/consensus2022.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don’t Know How To Explain It” by Aaron Sprinkle. Image credit: PM Images/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

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