Cryptocurrencies

GameStop Plans to Launch an NFT Marketplace

  • Gamer-focused forum is targeted to be ready by year’s end
  • Talks underway on token selections, creating investment funds
Photographer: Tiffany Hagler-Geard/Bloomberg
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GameStop Corp. plans to launch a marketplace for nonfungible tokens for gamers by the end of the year, according to a person familiar with the matter.

Shares of the beleaguered gaming retailer were up about 20% in New York premarket trading Friday, continuing the momentum of after-hours activity that followed Thursday’s close.