150 million dollars from Softbank to the metaverse project

Japanese era large Softbank, which has not too long ago invested in lots of crypto cash tasks, has additionally touched the metaverse universe. Even As the company invested $150 million in South Korean Zepeto, the price of the metaverse platform exceeded $1 billion, with the total investment from Collection B funding. noticed as one. in step with the scoop of the Wall Side Road Journal, an American media, the platform has 2 million active customers daily and appeals to the target audience between the ages of THIRTEEN and 24.

Gucci and Ralp Lauren also attracted the eye

The increasing popularity of the platform has additionally attracted the eye of global style giant firms akin to Gucci and Ralph Lauren. These manufacturers have created and bought virtual clothing pieces on the market at the platform. Rudy Lee, head of strategy at Zepeto’s figure corporate, Naver Z Corp, said, “We Are most likely the most important virtual style market in the world.” He also led the Series B funding spherical of $NINETY THREE million in overall. Not Too Long Ago, particularly after Facebook’s metaverse transfer, recreation and metaverse-related startups have began to obtain significant investments from many companies. for example, Avocado, the yun platform, received an investment of $ 18 million from a few buyers, especially Solana Ventures.

Softbank made massive investments within the well-known soccer-NFT platform Sorare, to boot as the Brazilian and Mexican stock markets.