GameStop Launches NFT and Crypto Wallet, Grows 2.67% in Premarket Trading.

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GameStop, a major video game retailer, recently a cryptocurrency wallet where users can store, send and receive crypto and non-fungible tokens (NFTs) ahead of the launch of its NFT marketplace later this year.

According to Blockworks’ official Twitter page, Gamestop is moving in the cryptocurrency market by launching a digital asset wallet for its users.

Crypto enthusiasts can download the beta version of the self-custodial Ethereum wallet on GameStop’s website. 

The wallet will allow gamers to make transactions and send and receive gaming assets with ease. In addition, players will not have to leave their web browsers to make in-game transactions.

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GameStop Shares Increased by 2.67%

During its quarterly reports in March, GameStop announced its plans to establish an NFT marketplace by July. Additionally, the firm partnered with top layer two protocol, Immutable X, for its marketplace, which will sit atop Ethereum.

As a result, GameStop’s shares, which trade on the New York Stock Exchange, went up 2.67% at $98.21 in pre-market trading.

GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer. The Texas-based company is the largest video game retailer worldwide.

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