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GameStop looks toward NFT marketplace launch after big Q4 loss

Published 03/17/2022, 09:56 PM
Updated 03/17/2022, 11:40 PM
© Reuters
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Much loved retail video game store chain GameStop (NYSE:GME) is looking ahead to its long-awaited NFT marketplace and Web3 gaming unit after suffering a net loss of $147.5 million during Q4 2021

GameStop quietly built a barebones NFT website in mid-2021 but has significantly ramped up efforts this year after unveiling an NFT and Web3 gaming division in January along with penning a major partnership with Ethereum (ETH) scaling solution Immutable X the following month to build an NFT marketplace.

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