GameStop shares rose after the company said it was launching a wallet forcryptocurrencies and NFTs.- The self-custodial wallet runs on the Ethereum network.
$4 stock advanced Monday after the company said it's opened a wallet for gamers to manage their
The GameStop Wallet will allow gamers and others to store, send, receive and use cryptocurrencies and NFTs across decentralized apps without having to leave their web browsers, the videogame retailer said $4.
The stock rose as much as 3% to $98.52 in early trading. But shares have lost about 35% in 2022 after surging by 687% in 2021 during a stunning run-up in so-called
GameStop's $4 running on the ethereum blockchain. It will enable transactions on the
Earlier this year, the company $4, a protocol for trading Ethereum NFTs, to help it run its NFT marketplace as GameStop aimed to push into the business of digital collectibles.
$4, the token that runs on the Ethereum blockchain, rose 2% on Monday to $2,070.87.