Galaxy Digital, the cryptocurrency investment manager, is sponsoring Time Magazine to publish content about the metaverse. The announcement states that the transaction used the cryptocurrency ETH and that Time will hold ETH on its balance sheet. We’ll return to that topic.
While Time Magazine is a big brand, it’s a standalone company that’s privately owned by Salesforce founder Marc Benioff.
Benioff recently slammed Facebook (now called Meta) on CNBC and CNN, stating that the social media company created misinformation and mistrust. In 2019 he called for Facebook to be broken up.
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