Bloomberg reports that JP Morgan has opened its first office in the metaverse, in Decentraland, the browser-based one of several "metaverse" platforms, which is backed by Digital Currency Group (which also created the Greyscale Bitcoin Trust). What they're calling the "JP Morgan lounge" was reportedly set up by Onyx, JPM's blockchain unit (did Dimon sign off on that?)

JPMorgan Chase & Co. has a lounge in the metaverse: Visitors are greeted by a digital portrait of Jamie Dimon and a roaming tiger. Walk upstairs and you'll see an executive's presentation on the crypto economy.

The lounge is located at the Metajuku mall in Decentraland, a browser-based metaverse backed by the Digital Currency Group. Onyx, JPMorgan's blockchain unit formed in 2020, set up the lounge as it released a paper on how businesses can explore opportunities in the metaverse.