Challenges and opportunities of the metaverse in financial services

Experts agree that the metaverse, from both a technological and a business perspective, still has a long way to go before reaching its full potential. Some sources, including Meta founder Mark Zuckerberg himself, estimate that it will take a minimum of ten years before his promise will be fulfilled. According to Gartner, only one in four people will spend an average of one hour per day in the metaverse by 2025, and only 30% of companies will have products or services ready for this new space.

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