Meta Plans to Introduce Virtual Tokens: FT

Meta is planning to introduce virtual tokens and cryptocurrencies, the Financial Times reported.

The social media giant is aiming to use these digital assets for rewarding creators and lending and other financial services, according to the report.
Meta’s plan is currently in its early stages. The move comes at a time when the company is focusing its services centred around the metaverse – a virtual platform where people can interact, work and play.
According to Reuters, the tokens could be a new source of revenue channel for Meta and it could also gain control over transactions in its apps and …

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