Time magazine will hold ETH on its balance sheet for the first time

Time magazine will hold Ether (ETH) on its balance sheet for the first time as part of a deal with the cryptocurrency investment company Galaxy Digital to educate readers about the meta universe. According to its partnership, the magazine will launch a list of TIME100 companies for Metaverse and publish a weekly newsletter called IntotheMetaverse. This transaction is fully financed by Ethereum, and TIME will remain on its balance sheet. The magazine will also host educational resources on Meta Universe on a new web page called TIMEforLearning, which will be launched in December under the agreement. Applications for this list will be open on Thursday until December 31. (Coindesk)