FTFT Capital inks strategic Metaverse partnerships

FTFT Capital Investments LLC, a Dubai-based Blockchain investment firm, announced strategic agreements with top businesses considering its growing interests.  

The collaborations will help FTFT Capital’s affiliate FTFTX expand its Metaverse and present capabilities by establishing a new platform for aggregate trading information.

The metaverse was named one of Gartner’s top five emerging trends and technologies for 2022. Virtual reality (VR) and augmented reality (AR), which are the metaverse’s basic technologies, are expected to grow from $12 billion in 2020 to $72.8 billion in 2024. As a result, FTFT Capital is committed to establishing itself as a key player in this new ecosystem by promoting cutting-edge virtual reality technologies that enable anybody, from individuals to huge corporations, to create their own virtual Metaverse habitats.

The Metaverse is a fictitious version of the Internet that exists as a single, ubiquitous, and immersive virtual environment enabled by virtual reality and augmented reality technologies that combine elements of the digital and physical worlds. The Metaverse is a three-dimensional virtual world that is very interactive. In the Metaverse, users can trade land, buildings, and other digital assets, as well as explore the realm.

  “Each of these organizations complements our extensive expertise and we believe in their potential to develop creative global solutions. The partnerships reflect our shared commitment to the growth of the Metaverse and digital assets,” said Ola Lind, Chief Strategy Officer of FTFT Group, CEO, and Director of FTFT Capital.

FTFTX provides institutional and individual investors with real-time cryptocurrency market and trade data that is high-quality, dependable, and comprehensive. Data from hundreds of exchanges is gathered and delivered through a single interface. FTFTX provides market data for Bitcoin, Ethereum, EOS, Litecoin, TRON, and other digital currencies. Its app is available for both iOS and Android.

Forging mutually-beneficial partnerships

FTFT Capital recently announced a strategic relationship with Shamrock Inc., the parent company of MetaCosmos, based in Italy, to collaborate on the Metaverse. Users can create their own autonomous economic, social, and entertainment Metaverse systems using the MetaCosmos system, which is a collection of open protocols for the Metaverse’s underlying standard. MetaCosmos MCT coins can be used to pay for computational storage, network services, system setup and maintenance, and capacity suppliers with the MetaCosmos MCT tokens that power the system.

FTFT Capital is also strategically collaborating with ByTrade, a regulated digital asset exchange based in Lithuania, in order to jointly grow the Asian market. The digital asset exchange corporation is well-known for its user-friendliness and high level of security. It has over 1.5 million registered users all across the world.