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GameStop Getting into NFT and Cryptocurrency Markets as A part of Turnaround Plan

GameStop Getting into NFT and Cryptocurrency Markets as A part of Turnaround Plan

GameStop Corp. is launching a division to develop a market for nonfungible tokens and set up cryptocurrency partnerships, in accordance with folks acquainted with its plans, pushing the corporate into much-hyped areas because it tries to show round its core videogame enterprise.

The retailer has employed greater than 20 folks to run the unit, which is constructing an internet hub for purchasing, promoting and buying and selling NFTs of digital videogame items corresponding to avatar outfits and weapons, in accordance with the folks. The corporate is asking choose sport builders and publishers to listing NFTs on its market when it launches later this 12 months, the folks mentioned.

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