Microsoft enters the metaverse, Jan. 14–20 By Cointelegraph

There’s a new metaverse player in town. Microsoft (NASDAQ:), the world’s second-largest company by market capitalization, announced earlier this week that it had acquired Activision Blizzard (NASDAQ:) for $95.00 a share in a deal that’s expected to conclude in fiscal 2023. Microsoft will utilize the gaming giant to pivot to the virtual worlds’ environment of the Metaverse.

This week’s Crypto Biz explores Microsoft’s Activision purchase, the new partnership between Coinbase (NASDAQ:) and Mastercard (NYSE:) and the latest funding news from the world of crypto. For a comprehensive breakdown of business developments over the last week, register for the full newsletter below.

Microsoft enters the Metaverse with Activision purchase

Coinbase partners with Mastercard around NFT purchases

Intel (NASDAQ:) to reveal new energy-efficient mining ASIC

Animoca Brands valued at $5B following $358M raise

Crypto IRA iTrustCapital valued at $1.3B

Continue Reading on Coin Telegraph

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