GameStop Soars On Reported NFTs Plans

Published by
The Street

By Luc Olinga The stock jumped more than 30% after a report that the video game retailer is launching a marketplace for non-fungible tokens (NFTs). GameStop’s (GME) – Get GameStop Corp. Class A Report stock has surged as much as 31% in late trade Thursday after The Wall Street Journal reported that the company is launching a division to build a marketplace for NFTs, or non-fungible tokens, which are unique pieces of digital collectibles blockchain-based deeds of ownership to different kinds of virtual items. The unit’s task is to build an online hub for buying, selling and trading NFTs of virt…

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