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eToro Adds Metaverse Smart Portfolios

00:00:55

eToro is entering the metaverse landscape after planning to go public with a blank check merger. eToro has long been working on a vision that empowers people and helps them build wealth. To that end, MetaverseLife helps investors gain exposure to stocks and crypto assets that are directly involved with the metaverse. Included in the portfolio of MetaverseLife are Meta Platforms ($FB@US), Roblox ($RBLX@US), Decentraland, Enjin ($ENJ@US), and The Sandbox. Dani Brinker, head of investment portfolios at eToro said in a statement, “When evaluating the investment opportunity of emerging industries, diversification is key as not everyone involved will be a winner. By packaging a selection of assets in a portfolio, we’re doing the heavy lifting and enabling our customers to gain exposure to the metaverse and spread the risk across a variety of assets.”

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