GameStop to enter NFT, crypto markets as part of turnaround plan - WSJ - News Summed Up

GameStop to enter NFT, crypto markets as part of turnaround plan - WSJ


The video game retailer is undergoing a revamp, with Chairman Ryan Cohen tapping executives from companies including Amazon.com Inc AMZN.O to turn GameStop away from brick-and-mortar and towards e-commerce. (https://reut.rs/31w5cp4)The company is asking select game developers and publishers to list NFTs on its marketplace when it launches later this year, the WSJ reported. GameStop launched its NFT website last year and has been inviting creators to join the platform. GameStop did not immediately respond to a Reuters request for comment. (Reporting by Arunima Kumar in Bengaluru; Editing by Arun Koyyur and Devika Syamnath)((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94 ;))The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


Source: Wall Street Journal January 06, 2022 22:20 UTC



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