Not surprisingly, the growing popularity and metaverse potential have aroused the interest of traders. In addition, since the technologies that underpin it are still emerging and developing, there is a wide variety of exciting opportunities for investment that traders and investors can explore.
Grayscale Investments sees the industry as a $1 billion revenue opportunity across the board, from e-commerce and gaming to real estate and entertainment. This has already caught the attention of big companies like Microsoft, Adobe, and Qualcomm, who are investing more to explore the metaverse and stay competitive for years to come.
There are many ways to trade the metaverse: buying related stocks, trading cryptocurrencies, or trading ETFs. All these assets can be accessed through brokers. One way to trade with the metaverse is through relevant actions. Plus500 offers CFDs for trading with leading companies, such as Facebook (now Meta), Nvidia and Disney, who have invested billions in metaverse technology.
ETFs are another way to access the metaverse. Plus500 offers investors the opportunity to trade the Roundhill Ball Metaverse ETF, an index fund that tracks the performance of the Ball Metaverse Index, made up of 40 globally listed companies participating in the metaverse. Operators can also access this technology through cryptocurrency CFDs. Since cryptocurrencies are the main form of currency in virtual worlds, they can also benefit from the metaverse revolution.
What does the future hold for the metaverse?
In 2022, technology companies like Apple, Cisco and Intelwhich have also embraced metaverse technology, are well positioned to reap the benefits of increased demand for semiconductor chips, processors and cloud services.
Additionally, non-fungible tokens and decentralized finance (DeFi) have also shown that blockchain technology has limitless applications. Blockchain companies and cryptocurrency exchanges are already raising capital to expand in this emerging technological sphere. The Winklevoss twins’ cryptocurrency exchange Gemini closed a $400 million capital growth funding round in November 2021, with plans to expand the exchange’s services across multiple metaverses in 2022.
In this scenario, the future looks bright for the metaverse. GlobalData forecasts reveal that large-cap US stocks will rise in 2022, amid increased investments in technologies such as the metaverse, cryptocurrencies and Web 3.0. Participating in this ecosystem is therefore a worthwhile move, and trading CFDs on shares of companies that have adopted this technology, cryptocurrencies, or the Roundhill Ball Metaverse ETF with Plus500, can be a trader’s first steps. in this exciting space.