GameStop Unveils Crypto and NFT Wallet, Shares Jump 3%
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 the Ethereum blockchain.Shares of GameStop, which trade on the New York Stock Exchange, were up 2.67% at $98.21 in premarket trading.
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