Hyundai partners with Meta Kongz to enter the NFT market

The South Korean automaker released a short film to announce the company's 'Metamobility' vision.
April 18, 2022 - Cynthia Chung

 

Hyundai Motor is sharing its vision for robotics in reality and the metaverse with its theme  ‘Expanding Human Reach’ to drive towards unlimited freedom of mobility. It announced this through a short film debuting its NFT metaverse called “Metamobility Universe". 

 

In celebration of the film’s release and becoming the first automaker to enter the NFT market, Hyundai is partnering with Meta Kongz(famous for its gorilla NFTs) to launch 30 limited-edition NFTs "as innovative mobility vehicles to guide you through the Hyundai Metamobility universe".

 

Hyundai already launched its NFT channels (@hyundai-nft) on Discord and Twitter @hyundai_nft on April 15 and plans to launch its website for NFT services in May 2023. 

 

Fidelity Investments announces crypto and metaverse ETFs

Fidelity Investments announced the launch of 51 exchange-traded funds (ETFs) this week, offering exposure to investors in the crypto and metaverse industries.

“We continue to see demand, particularly from young investors, for access to the rapidly growing industries,” said Fidelity, the fourth largest financial services firm. It filed an application for metaverse ETFs in late January this year.

The first ETF is called “ Fidelity Crypto Industry and Digital Payments ETF (FDIG).” and will “support the broader digital assets ecosystem, including those involved in crypto mining and trading, blockchain technology, and digital payments processing,” 

 

Trading is likely to start around April 21, according to Fidelity. 

 

Photo: Hyndai X MetaKongz

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