Disney brings back Bob Iger as CEO: Here's the crypto connection

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Disney brings back Bob Iger as CEO: Here's the crypto connection
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Disney has already filed a patent for Metaverse tech and put out a call for a lawyer in the crypto space. Will Bob Iger's return speed up the global entertainment conglomerate's plans?

Metaverse-backer Bob Iger has announced a surprise return to his former role as CEO of Disney, taking over from now-former CEO Bob Chapek.

“Thrilled to be joining the Genies Board of Directors to help Akash Nigam and company empower humans to create the 'mobile apps of Web3': avatar ecosystems,” Iger said at the time.Metaverse-related patentThe patent was for a “virtual-world simulator in a real-world venue," and according to the filing, would allow visitors to Disney theme parks to use mobile phones to generate and project personalized 3D effects onto nearby physical spaces, such as walls and other objects.

During his new term as CEO, Iger will reportedly work with the Board to set the strategic direction for the company and work to develop a successor.

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