Jefferies Bank investment: NFT market will surpass $80 billion in 2025

01月
21
2022-1-21 06:37
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The integration of the digital and physical worlds is good, according to a report by analysts at investment bank Jefferies. The report raised its estimates of the market value of NFTs to over $35 billion in 2022 and 2025. Over $80 billion per year. Analysts say companies and celebrities are buying virtual "land" in sandboxes and Decentraland to become digital businesses, gain popularity and expand their brand presence. The bank believes that digital assets are the latest technology and consumers can choose games, toys and corporate relationships to create an emerging market in consumer products, such as Hasbro, Mattel, Funko and GameStop . For the Metaverse concept, Jefferies recommended companies such as Meta, Snap, Activision Blizzard, Electronic Arts, Take-Two Interactive Software, Warner Music Group, Universal Music Group, and Roblox. (Change machine)

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