Question

    JP Morgan has become the world’s first bank to set

    up shop in the metaverse. Where is the headquarters of JPMorgan?
    A New York Correct Answer Incorrect Answer
    B London Correct Answer Incorrect Answer
    C Berlin Correct Answer Incorrect Answer
    D Paris Correct Answer Incorrect Answer
    E Geneva Correct Answer Incorrect Answer

    Solution

    The headquarters of JPMorgan is in New York. JPMorgan has become the world’s first bank to set up shop in the metaverse. It has opened a lounge in the blockchain-based world Decentraland. Users can create their virtual avatars, build virtual spaces and roam in the lounge christened ‘Onyx Lounge’ after its suit of Ethereum-based services. Metaverse is a virtual universe where users can do multiple activities like socialising, shopping or even attending events through their avatar. CEO of J P Morgan is Jamie Dimon.

    Practice Next