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GameStop Unveils Crypto and NFT Wallet, Shares up 3%

source-logo  coindesk.com 23 May 2022 08:29, UTC

Video game retailer GameStop (GME) has unveiled a digital asset wallet for storing, sending and receiving crypto and non-fungible tokens (NFTs) ahead of the launch of its NFT marketplace later this year.

A beta version of the self-custodial Ethereum wallet is available to download now from GameStop's website.

The wallet will enable gamers to send and receive in-game assets without having to leave their web browsers.

GameStop in its fourth-quarter earnings report in March, announced its plans to start a NFT marketplace by the end of July.

The firm partnered with layer 2 system Immutable X for its marketplace which will sit atop Ethereum

Shares of GameStop, which trade on the New York Stock Exchange, were up 2.67% at $98.21 in pre-market trading.

Read more: Robinhood Plans ‘Web 3’ Crypto Wallet for DeFi Traders, NFT Buyers

coindesk.com