Less than a year after its initial launch, the Metaverse Standards Forum announces that it is now incorporated as an independent non-profit industry consortium. The Forum’s mission continues unchanged—to enable, foster and promote cooperation and coordination over metaverse-related interoperability between standards organizations, companies, and universities. In June 2022, the Forum was launched and driven by the Khronos Group. Today, with over 2,400 members and multiple active Working and Exploratory Groups focused on driving pragmatic interoperability advances, the Metaverse Standards Forum has organized its own governance, finances, and operations.