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Pedestrians pass a GameStop store on 14th Street at Union Square, Thursday, Jan. 28, 2021, in the Manhattan borough of New York.
John Minchillo | AP
GameStop is adding NFT trading cards for the virtual game Gods Unchained as a perk for its loyalty program members as the legacy retailer works to deepen its reach into the crypto-centered web.
The partnership marks GameStop’s latest venture with cryptocurrency and non-fungible tokens, which are unique digital assets, as the struggling retailer works to transform its business. In July, the company launched an NFT marketplace. In September, it announced a partnership with cryptocurrency exchange FTX.
GameStop’s pivot into the digital world is central to the transformation project under new CEO Matt Furlong and board chair Ryan Cohen, founder of Chewy and former activist investor at Bed Bath & Beyond. Cohen has been a muse for many meme stock investors, who brought GameStop...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...