Metaverse and NFT

Metaverse: The Sandbox partners with KEB Hana Bank in South Korea

This partnership between The Sandbox and KEB Hana Bank plans to launch a new type of event marketing.

The metaverse platform The Sandbox wants to extend its global metaverse side into the banking sector. For this, The Sandbox and South Korean bank KEB Han have signed a new partnership.

To provide banking service in the metaverse

KEB Hana Bank is a commercial bank that provides the largest range of foreign exchange products in South Korea which wants to expand global metaverse business in the banking industry.

KEB Hana Bank is a commercial bank headquartered in Seoul, South Korea. Since its establishment as Korea Exchange Bank in 1967, it provides the largest range of foreign exchange products in South Korea.

Although born only recently, Hana Bank is already the country’s top-rated bank, with the largest assets in Korea as of June, 2015. Based on a network of 199 branches in 24 counties―more than any other Korean bank―Hana Bank will strengthen its position as a global bank and seek to enhance Korea’s position by actively engaging on the world stage

Speaking on the subject, Sandbox Korea CEO Cindy lee :

We are excited to see KEB Hana Bank enter the metaverse to create new types of content.

 This will be the next end of easy-to-use metaverse banking services for users.

Deputy Head of KEB Hana Bank Jung Quiil said:

The metaverse is how people are discovering Web3, and we want to be part of this new trend. This partnership can open the door to an original type of service, especially for younger generations.

This partnership between The Sandbox and KEB Hana Bank plans to launch a new type of event marketing. It includes building a collaborative business model such as opening a virtual branch at The Sandbox metaverse to provide basic banking services and promoting investments or coloration opportunities with the other partners of The Sandbox.

At the same time, Hana Financial Group will be introduced in K-verse, a virtual space containing all kinds of Korean content to reach Gen Z meaningfully.

Sebastien Borget, Co-Founder of The Sandbox (Left) / So Jung Kim, Deputy President of KEB Hana Bank (Right)

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