Sources: GameStop has hired more than 20 people to run a new division developing an NFT marketplace and establishing cryptocurrency partnerships

Wall Street Journal 2022-01-08 Sarah E. Needleman

@muyaoshen Muyao Shen on x
“GameStop is also close to signing partnerships with two crypto companies to share technology and co-invest in the development of games that use blockchain and NFT technology.” - what's the other crypto company?
@carnage4life Dare Obasanjo on x
GameStop getting into NFTs is like a FOMO Voltron. Probably the only thing I can imagine getting the company to match it's valuation is selling JPGs of apes to $GME apes. No real business plan could have pulled it off. https://cointelegraph.com/...
@stevematthews12 Steve Matthews on x
Shares of GameStop Corp. were up about 20% in New York premarket trading Friday. $GME plans to launch a marketplace for nonfungible tokens for gamers by the end of the year. https://www.bloomberg.com/... via @business
@fintechfrank Frank Chaparro on x
GameStop is reportedly looking into “creating a number of funds, of up to $100 million each, to invest in NFT content creators and gaming companies.” https://www.bloomberg.com/...
@nigeleccles Nigel Eccles on x
I bought an NFT from GameStop once for $60. Next day I tried to sell it back to them and they offered me $4.77. One star. Avoid. https://www.wsj.com/...
@matt_kohrs Matt Kohrs on x
Beyond Excited #GME https://www.wsj.com/...
@cgasparino Charles Gasparino on x
This is why $AMC is up ha! GameStop Entering NFT and Cryptocurrency Markets as Part of Turnaround Plan - WSJ https://www.wsj.com/...

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