Metaverse tokens take a hit after Meta’s $10B loss

Metaverse-related tokens such as Axie Infinity (AXS/USD), The Sandbox (SAND/USD), and Gala (GALA/USD) lost as much as 12% on news of the former Facebook’s $10 billion loss, CoinDesk reported. Meta reported in an earnings release that its augmented and virtual reality division had lost $10 billion. The gaming tokens affected have since recovered their losses […] The post Metaverse tokens take a hit after Meta’s $10B loss appeared first on Invezz.