Fintech

Metaverse market could swell to $13tn, Citi says

Citi is just the latest banking giant to call the metaverse and web3 a trillion-dollar opportunity

Citi is the latest Wall Street player to issue a bullish forecast for web3 and the metaverse, which describe a future vision for the internet built around decentralised technologies and virtual worlds.

The metaverse economy could be an $8 trillion to $13 trillion total addressable market by 2030, Citi said in a research report published 31 March.

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