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Allianz GI launches metaverse fund to capitalize on the rise of this trend
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Allianz GI launches metaverse fund to capitalize on the rise of this trend

The fund is designed to enable investors to participate in the development of digital life, which is attracting investment from around the world.
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21 NOV, 2022

By RankiaPro Europe

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The band “Coldplay” were the first real-world stars to offer their fans a concert in the "Metaverse" in 2021. The group thus hinted at the possibilities that could open up in the new virtual world. For we are at the beginning of a third phase of the digital revolution. The metaverse refers to the seamless linking of the virtual and real worlds into a common digital space without internal borders.  One of the key themes is Web 3.0 (a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics). All over the world, technology companies, and many others, are investing billions in research and the development of components of such a metaverse. Allianz Global Investors sees this as both a new and long-term manifestation of the theme of digital life.

AllianzGI has therefore launched the Allianz Metaverse fund to enable investors to participate in this development. Fund manager Marc Phanitsiri from San Francisco invests worldwide in shares of companies from the entire value chain for the creation of virtual worlds: 

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