GameStop Launches Cryptocurrency and NFT Wallet
2022.05.23 20:56
By Sam Boughedda
Investing.com — GameStop Corp (NYSE:GME) announced on Monday that it had launched its digital asset wallet for cryptocurrencies and NFTs.
The digital asset wallet will allow gamers and others to store, send, receive and use cryptocurrencies and non-fungible tokens across decentralized apps through their web browsers.
Furthermore, the wallet will enable transactions across GameStop’s decentralized NFT marketplace. However, in a tweet, the company stated: “This is a beta launch. Please use responsibly, and do not add more funds than you are comfortable with.”
The videogame retailer is expected to launch the marketplace in the second quarter of this year.
The Ethereum wallet is currently available through the Chrome Web Store. However, GameStop’s wallet website suggests it will be available as an iPhone app in the foreseeable future.
The so-called “meme” stock has fallen 34.89% in 2022. GameStop shares initially rose at the start of Monday’s session, but are now down 0.27%.
