GameStop Launches NFT, Crypto Wallet

Dow Jones2022-05-23

GameStop Corp. said it launched a digital wallet for cryptocurrencies and non-fungible tokens.

The company said the move will allow gamers and others to store, send, receive and use cryptocurrencies and NFTs across decentralized apps without having to leave their web browsers.

GameStop described the wallet as a self-custodial Ethereum wallet. A web browser extension for the wallet can be downloaded from the Chrome Web Store, the company said.

It will enable transactions on GameStop's forthcoming NFT marketplace, which is expected to launch in the second quarter of the company's fiscal year, the company said.

In January, The Wall Street Journal reported that the company was launching a division to develop an NFT marketplace and establish cryptocurrency partnerships.

Shares of GameStop rose more than 2% in premarket trading to $97.71. The stock is down more than 35% so far this year.

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Comments

Dawang
2022-05-24
Dawang
Everyones is coming onboard 💦
b1412
2022-05-23
b1412
Nice
riserr
2022-05-23
riserr
Great
Tiggerrific
2022-05-23
Tiggerrific
Oh
Tiggerrific
2022-05-23
Tiggerrific
Oh
US_watchlist
2022-05-23
US_watchlist
Please like and comment. Thanks

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