“Some Banks and financial institutions are already leading the charge by offering crypto wallets and custodial services, access to crypto markets for trading and investment, and advisory services to Wealth Management clients. While NFTs are seen as speculative assets by many, Banks can work with regulators and position these as mainstream asset classes. Taking it one step further, Banks and financial institutions can perhaps also offer lending against collateral such as virtual land or digital art and even provide insurance against losses arising from cyber-attacks.”
Source: The opportunity for banks in the Metaverse