GameStop launches Self Custodial Wallet for Crypto, NFT

GameStop launches Self Custodial Wallet for Crypto, NFT

Video game retailer GameStop Corp. is enhancing its reach in the Web3.0 ecosystem by launching its new digital currency wallet.

As announced by the company, the new wallet is not custodial and allows users to connect to decentralized finance (DeFi) platforms from their web browsers.

The company said the add-on will be provided with a digital wallet to allow players and others to store, send, receive and use cryptocurrencies and fixed tokens (“NFT”) in decentralized applications without having to leave their web browsers.

The new wallet is based on the Ethereum blockchain and can be easily obtained by visiting the Chrome Web Store to download it. In addition to giving users access to connect to any major market in the space, the GameStop wallet without custody will also provide seamless access to the company’s long-awaited NFT market.

The Grapevine-based company, best known for trading stock memes, has charted a new path to bring greater value to its customers and the company as a whole. Company shares flew in an unusual way back in January this year when he discovered his great entry into the crypto and NFT ecosystem.

Although he has made many strides in partnership with Web3.0 startups to help him achieve his goals including its association with ImmutableXGameStop’s internal product launches in line with its quest for the world of digital currencies have not declined in recent months.

Officially, GameStop said that its NFT market is now out in Beta, revealing that it has partnered with Loopring, a zkRollup protocol compatible with Ethereum. The NFT Marketplace is currently in line to launch in the second quarter of the company’s fiscal fiscal year which should be in July this year.

The company’s overall penetration of Web3.0 space is further evidence of the growing acceptance of all things crypto among Wall Street firms.

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