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GameStop Reportedly Will Launch NFT, Cryptocurrency Marketplace; Shares Surge

Stock Markets Jan 06, 2022 04:47PM ET
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© Reuters.

By Yasin Ebrahim

Investing.com - GameStop is surging in after-hours trading Thursday as the video game company is launching a business to create a marketplace for nonfungible tokens, or NFTs, and enter cryptocurrency partnerships, The Wall Street Journal reported, citing unnamed sources.

GameStop (NYSE:GME) jumped more than 16%. 

Gamestop has hired more than 20 people to run the new business - to be launched this year - and establish an online marketplace for buying, selling and trading NFTs of virtual videogame goods including avatar outfits and weapons, according to the report.

 

GameStop Reportedly Will Launch NFT, Cryptocurrency Marketplace; Shares Surge
 

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Comments (7)
Tobby Olumba
Tobby Olumba Jan 06, 2022 8:53PM ET
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Those memes are becoming an aware of sorts.
Joel Schwartz
Joel Schwartz Jan 06, 2022 8:01PM ET
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The memes have become self aware
Juniper Ls
Juniper Ls Jan 06, 2022 7:56PM ET
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The surreal life.
Said Nono
Said Nono Jan 06, 2022 7:19PM ET
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Hi guys
Peter ONeill
Peter ONeill Jan 06, 2022 6:56PM ET
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Id rather buy a rock pet than GameStop shares.
Lantz Wheeler
Lantz Wheeler Jan 06, 2022 5:52PM ET
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Great smoke screen to cover FTD's due
Benjamin USA
Benjamin USA Jan 06, 2022 5:41PM ET
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Lmfao, how original
 
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