• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • PPP MENA Forum, UAE (September 10-11, 2025)
    • WFIS, Philippines (September 23-24, 2025)
    • Fintech Revolution Summit, Vietnam (September 24, 2025)
    • CoinFerenceX, Singapore (September 29-30, 2025)
    • ChainUp, Singapore (September 30, 2025)
    • TOKEN2049, Singapore (October 1-2, 2025)
    • Forex Expo Dubai (October 6-7, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
    • HODL, Dubai (October 30-31, 2025)
    • Blockchain Futurist Conference, Florida (November 5-6, 2025)
    • Fintech Revolution Summit, Saudi Arabia (November 3, 2025)
    • Mining Disrupt, Dallas (November 11-13, 2025)
    • WFIS, Indonesia (November 25-26, 2025)
    • Digital Assets Forum, Barcelona (February 5-6, 2026)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
Visit European Blockchain Convention, Barcelona on October 16-17, 2025
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Bank of America strategist says the metaverse is a massive opportunity for crypto space

December 8, 2021 By Crypto Reporter

Haim Israel, the head of global thematic investment strategy at Bank of America (BofA), said that that the metaverse is likely to drive a boom in development in the crypto world, as people race to create virtual-world platforms.

“I definitely believe this is a massive, massive opportunity,” Israel said. “You need the right platforms … that is definitely going to be a big opportunity for this entire ecosystem.”

Israel also predicted that the metaverse is where people will finally start widely using cryptocurrencies for transactions.

The metaverse gained a lot of attention in October when social media giant Facebook changed its name to Meta. Now, the major tech companies, including Meta, Google, Microsoft, and Apple are all eyeing the metaverse ecosystem.

Recently, Grayscale Investments published a report, where the company stated that the metaverse sector could be a $1 trillion revenue opportunity across advertising, social commerce, digital events, hardware, and developer/creator monetization.

Filed Under: General News, News Tagged With: Bank of America, cryptocurrency, metaverse, news

Primary Sidebar

Follow Us

Press Releases

Nexchain Presale Momentum Builds as Investors Eye Top Crypto ICO of 2025: Bonus, New Roadmap, Live Testnet & More

September 8, 2025

From Utility to Hype: The Best AI Crypto Coins Are Redefining What It Means to Be the Best New Crypto Coins

September 8, 2025

September’s Best Crypto to Buy Now Includes $HYPER, $MAXI, and the Hottest New Pick $PEPENODE

September 8, 2025

Nexchain Token Presale Gains Traction With New Developments: Early Access to a Top Crypto Presale Opportunity

September 8, 2025

Early Investors Eye BlockchainFX Presale for High ROI Opportunities

September 8, 2025

PPP MENA Forum

TOKEN2049

Forex Expo Dubai

Merge Madrid

HODL

Futurist Conference

Digital Asset Forum

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter