JP Morgan has become the world’s first bank to set

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The headquarters of JPMorgan is in New York. JPMorgan has become the world’s first bank to set up shop in the metaverse. It has opened a lounge in the blockchain-based world Decentraland. Users can create their virtual avatars, build virtual spaces and roam in the lounge christened ‘Onyx Lounge’ after its suit of Ethereum-based services. Metaverse is a virtual universe where users can do multiple activities like socialising, shopping or even attending events through their avatar. CEO of J P Morgan is Jamie Dimon.