More Firms Embracing the Metaverse and Gaming Stocks Have Already Benefited, Morgan Stanley Says

More Firms Embracing the Metaverse and Gaming Stocks Have Already Benefited, Morgan Stanley Says
The metaverse is important because it can “fundamentally change the medium through which we socialize with others, watch music performances, engage with fashion brands, learn and/or speculate on digital assets such as [non-fungible tokens] or in-game skins,” Morgan Stanley said in a research note.The metaverse does exist but not yet in its “purest form,” equity strategist Edward Stanley said in the report published Thursday.Companies such as Roblox, Facebook and Naver are all currently building metaverses on their own company platforms, but a “true metaverse” would allow for “interoperability between experiences” across all these companies’ platforms. However, it will take some…