Today in Data: Inside the Metaverse and NFTs

NFT trading was up 21,000% in 2021. Plus, HSBC will soon join the metaverse with a virtual stadium in The Sandbox, and former Disney Chairman Bob Iger is investing in NFT startup company Genies.

Data

$3T: Total value of assets managed by HSBC

99%: Share of celebrity avatar market owned by Genies

$17B: Total value of non-fungible tokens (NFTs) traded in 2021

21,000%: Increase in NFT trading from 2020 to 2021

78%: Share of NFT trades completed on Ethereum blockchain