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Ledger partners with The Sandbox and will debut in the metaverse

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One of the biggest providers of hardware wallets for storing cryptocurrencies, Ledger, has announced a partnership with the NFT gaming metaverse, The Sandbox.

Ledger enters the metaverse

According to the company’s announcement, there are two goals in the partnership. The first is to bring hardware wallets to the active audience of the metaverse, used to online wallets like Metamask. The second objective is to insert Ledger, as a company, into the metaverse.

The announcement was made during the NFT Conference in Lisbon by Ledger’s director of experience, Ian C Rogers. At the time, he stated that the new collaboration aims to bring security to blockchain gaming.

As part of the deal, Ledger plans to provide custom Ledger Nanos to SAND token owners. Meanwhile, The Sandbox will accommodate in its metaverse for the wallet provider to educate people about cryptocurrency.

“We are partnering with Ledger to protect the metaverse and increase safety, education and support for users. They will be building a hub on their LAND, providing users with support along with learning and gamified experiences within TheSandbox.”

The news comes two weeks after British banking organization HSBC announced plans to enter the metaverse in partnership with The Sandbox.

According to the report, the bank has revealed its intentions to purchase land in the company’s metaverse to engage with sports, esports and gaming fans.

The Sandbox has been able to establish many partnerships for the development of its metaverse. In one of them, rapper Snoop Dogg announced the recording of an exclusive clip made entirely in the metaverse.

Called “House I Built” the clip already has more than 2 million views on YouTube. The video shows Snoop Dogg’s entire space within the metaverse.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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