(GameStop) Shares of GameStop rose almost 3% on Monday after announcing the launch of a wallet to support cryptocurrencies and NFTs.
GameStop said that the digital asset wallet will let gamers and others store, use, receive and send cryptocurrencies and NFTs across decentralized apps without leaving their web browsers.
The crypto wallet of GameStop will be self-custodia on Ethereum and will be available through the Chrome web stores.
The digital asset wallet will also facilitate truncations on GameStop’s NFT marketplace when it launches in the second quarter of the gaming retailer’s fiscal year, starting in July.
GameStop rose to fame in the wake of pandemic-era retail traders’ frenzy. The gaming retailer partnered with Immutable X in January to launch its NFT platform.
GME: NYSE is currently up +2.45%.
