Japanese entertainment firm Bandai Namco announced on Tuesday that it will invest 15 billion Japanese yen (US$130 million) in creating a "IP Metaverse" featuring its games and content. In its mid-term plan for investors, Bandai Namco noted, "Through the IP Metaverse, we will establish communities among Bandai Namco and fans, as well as among fans themselves." Bandai claims that their next metaverse will connect digital aspects like the metaverse to the real world.