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GameStop Launches Wallet for Cryptocurrencies and NFTs

    

    

Photographer: Patrick T. Fallon/Bloomberg

GameStop Corp. said on Monday it has launched a digital asset wallet that will allow gamers to store, send and receive cryptocurrencies and nonfungible tokens.

The digital wallet will be able to be used across decentralized apps, which run on a blockchain and aren’t controlled by a central authority, without players having to leave their web browsers, the company said in a statement. The GameStop wallet is a self-custodial Ethereum wallet, meaning the user controls the keys to their assets, not a third party. The wallet extension can be downloaded from Google’s Chrome web store and will allow transactions on GameStop’s NFT marketplace, which is expected to launch in the second quarter of the company’s fiscal year.