Epic Games gets epic financial spike for Metaverse

Epic Games , the publisher behind the hit game Fortnite , recently announced a collaboration with LEGO to create a Metaverse for kids.

As the company has now explained in a press release , Epic Games will receive a hefty cash injection of 2 billion US dollars to implement the project. The sponsors include Sony and KIRKBI , the holding company behind the LEGO Group .

Both companies invested one billion US dollars each. In the future, all three parties want to work on the Metaverse project.

With the windfall, Epic Games' equity now stands at $31.5 billion.

In general, digital playgrounds should offer entertainment for children as well as entire families. Nothing is known about the current development status.

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