Personal Finance
Moving Beyond Meta: Here Are 5 Other US-Listed Stocks Riding on the Metaverse Trend
By Seedly  •  November 15, 2021
The term “metaverse” was thrown into the limelight once again when Facebook changed its name to Meta Platforms Inc at the end of last month. Metaverse basically refers to the idea of a shared virtual platform that people can access through various devices, allowing them to move through digital environments. Metaverse is said to be the next generation of the internet and its potential is huge. Bloomberg Intelligence estimates that the global metaverse opportunity could grow 13% annually to US$800 billion in 2024, up from around US$500 billion last year. Meanwhile, Ark Invest predicts that revenue from virtual worlds could hit US$400 billion by 2025, up from some US$180 billion this year. The beauty of the metaverse is that no one company owns it and there’s plenty of opportunities to go around for companies involved in the space. If you are looking to have a piece of the metaverse action,...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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