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GameStop’s NFT Marketplace Goes Live
The video-game retailer released a digital asset wallet in May ahead of the service.
Video-game retailer GameStop's NFT (non-fungible token) marketplace is live after being in the works since last year.
- The platform allows "gamers, creators, collectors and other community members to buy, sell and trade NFTs," the company said in a statement on Monday. GameStop intended to launch the marketplace before the end of July.
- In May, GameStop unveiled its digital asset wallet for storing, sending and receiving cryptocurrencies and NFTs ahead of the marketplace launch.
- In February, the company announced a partnership with layer 2 blockchain Immutable X under which Immutable X established up to an $100 million fund in its IMX tokens for grants to creators of NFT content and technology. The deal also called for Immutable X to provide GameStop with up to $150 million in IMX tokens upon the achievement of certain milestones.
Michael Bellusci
Michael Bellusci is a former CoinDesk crypto reporter. Previously he covered stocks for Bloomberg. He has no significant crypto holdings.
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