{"id":4545,"date":"2022-01-11T22:16:49","date_gmt":"2022-01-11T22:16:49","guid":{"rendered":"http:\/\/egrowonline.com\/?p=4545"},"modified":"2022-01-11T22:16:49","modified_gmt":"2022-01-11T22:16:49","slug":"etoro-rolls-out-smart-portfolios-for-new-metaverse-investors","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=4545","title":{"rendered":"eToro rolls out smart portfolios for new metaverse investors"},"content":{"rendered":"


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Brokerage firm eToro introduced MetaverseLife<\/a>, a new smart portfolio covering stocks and crypto-assets from within the growing metaverse industry, on Tuesday. The company stated that its goal is to offer a diverse range of investments made for long-term exposure.\u00a0<\/p>\n

Currently included in the portfolio are Meta Platforms, the new parent company behind Facebook, Roblox and other blockchain-based metaverse developments like Decentraland<\/a>, The Sandbox and Enjin. <\/p>\n

There are also a few companies listed in this portfolio that aren\u2019t exclusively blockchain-based but have still contributed to metaverse adoption and development. These include tech firms like<\/a> Microsoft, Amazon and Nvidia.<\/p>\n

Dani Brinker, head of investment portfolios at eToro, stated \u201cwhen evaluating the investment opportunity of emerging industries, diversification is key as not everyone involved will be a winner.\u201d As the metaverse industry continues to grow,<\/a> he suggested that there was value in creating a central portfolio to lower the barrier to entry for investors. Brinker explained:<\/p>\n

\u201cBy packaging up a selection of assets in a portfolio, we\u2019re doing the heavy lifting and enabling our customers to gain exposure to the metaverse and spread the risk across a variety of assets.\u201d<\/p><\/blockquote>\n

According to Bloomberg\u2019s analytics, the metaverse could become an $800 billion market by 2024. The company said that it is putting a majority of its resources into developing assets that will be used to support investors\u2019 interests in these projects. So far, these resources have gone towards listing The\u00a0Sandbox (SAND) as an asset on the platform<\/a> as well as plans for future land purchases. <\/p>\n

Tomer Niv, the director of Global Crypto Solutions at eToro, said:<\/p>\n

\u201ceToro is a crypto pioneer with an established track record of embracing new technologies for the benefit of retail investors. We are excited by the opportunities offered by the metaverse.\u201d <\/p><\/blockquote>\n<\/div>\n


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Brokerage firm eToro introduced MetaverseLife, a new smart portfolio covering stocks and crypto-assets from within the growing metaverse industry, on Tuesday. The company stated that its goal is to offer a diverse range of investments made for long-term exposure.\u00a0 Currently included in the portfolio are Meta Platforms, the new parent company behind Facebook, Roblox and […]<\/p>\n","protected":false},"author":1,"featured_media":4546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[38],"tags":[728,102,67,3424,3423,1242],"class_list":["post-4545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-etoro","tag-investors","tag-metaverse","tag-portfolios","tag-rolls","tag-smart"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/01\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDEvNmRiNDhjOGEtNGIyNC00YWQwLWExYTItMDI5ZThjZTEyYjgwLmpwZw.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4545"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4545\/revisions"}],"predecessor-version":[{"id":4547,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4545\/revisions\/4547"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/4546"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4545"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}