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MVIS unveils new metaverse index

Valour Inc., a wholly owned subsidiary of DeFi Technologies Inc. and a pioneer in digital asset exchange traded products, has collaborated with SEBA Bank and MarketVector Indices to develop the SEBA VALOUR Metaverse Index, bridging the gap between traditional capital markets and decentralised finance.

The SVMETA index is a token-building index for the Metaverse that includes crypto assets connected to gaming, entertainment, and social interactions in the virtual and augmented reality environment.

“Like the internet impacted that same crossroads, the metaverse has great potential to redefine the way we engage with technology and the world around us,” said Tommy Fransson, CEO of Valour. “With this product, anyone may invest in that potential and participate in the next great technological revolution.”

SVMETA is a rules-based index that covers the CCCAGG pricing and is calculated in USD as a price index

“The Metaverse is the internet’s next evolution. It’s a 3D virtual world where users can interact with their surroundings as well as other Metaverse users. Apart from its enormous entertainment potential, the Metaverse is likely to develop its own ecosystem of business avatars, resulting in fantastic investment prospects “SEBA Bank’s Head of Investment Solutions, Gregory Mall, stated. “SEBA Bank, in cooperation with MVIS and Valour, created the SEBAV Metaverse Index to give exposure to digital assets aimed to capture the rapid trends of gaming, entertainment, and social interactions moving into virtual environments. SEBA V components are tokens having Metaverse exposure that are chosen based on market capitalization and liquidity “He kept going.

DeFi Technologies is advancing its aim of integrating the core assets of the new digital economy into legacy financial institutions with its latest breakthrough. Moreover, DeFi Technologies’ Valour platform offers 27 different ETPs based on the top eight DeFi tokens. Bitcoin Zero and Ethereum Zero, the only zero-fee synthetic crypto ETPs currently traded in Europe, are among these ETPs.

MetaNews.

Image credits: Shutterstock, CC images, Midjourney, Unsplash.

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