THELOGICALINDIAN - Last ages the aggregation accomplished a above acceding with Immutable X an Ethereum Layer 2 NFT ascent band-aid
GameStop has appear its Q4 and budgetary year 2024 results. In the report, the bold aggregation notified the accessible of its ambition to barrage its NFT exchange by the end of Q2.
GME NFTs
GameStop has appear its ambition to barrage its long-teased NFT exchange ancient in the additional division of this year.
In its fourth-quarter overview, the aggregation accent the actuality that it “hired dozens of added individuals with acquaintance in areas such as blockchain gaming, ecommerce and technology, artefact face-lifting and operations.”
Moreover, the close emphasized its partnership with the Ethereum-based NFT ascent band-aid Immutable X, which would absorb Immutable X facilitating the development of the NFT exchange GameStop had in the works. As allotment of this deal, GameStop would accept as abundant as $150 actor account of IMX tokens. As of the afterward day, GameStop had awash about 15 actor of the IMX tokens it had accustomed as allotment of the partnership.
GameStop concluded aftermost year with $1.271 billion in banknote and banknote equivalents.
As far aback as May of aftermost year, GameStop had been taking steps appear its own non-fungible badge marketplace. As was accent in its report, the aggregation fabricated abounding hires accompanying to its exchange for NFTs, including eight added job listings aloof last October. As of Dec. 28, GameStop was attempting to acquisition NFT agreeable creators.
At columnist time, shares of GME had rallied on the day, up over 7%.
Disclosure: At the time of writing, the columnist of this allotment endemic BTC, ETH, and several added cryptocurrencies.
