GameStop announces partnership with FTX
The crypto exchange will help the video game company in the development and improvement of Web 3.0 technologies
![GameStop announces partnership with FTX](https://storage.getblock.net/source/1/OWItBzqTUejk7kL6c5oYvIUjDe3eabOy.webp)
08.09.2022 - 07:30
385
1 min
0
What’s new? Video game retailer GameStop and the US division of cryptocurrency exchange FTX have announced a partnership. The exchange will become GameStop’s main Web 3.0 partner and will help the company in the development and improvement of relevant products. FTX US gift cards will also be sold in American stores of GameStop.
What else is known about GameStop? The press release was released on the same day as the video game company’s quarterly report. It says that net income fell to $1,13 billion, down from $1,18 billion in the previous quarter. It also said that sales of “collectibles” rose from $177,2 million to $387,5 million.
GameStop is an American retailer of game consoles, computer games, and gaming accessories, founded in 2000. As of January 30, 2021, GameStop had 4816 outlets in the United States and 17 countries worldwide. The company’s shares are traded on the New York Stock Exchange (NYSE) under the ticker GME, as of September 8, 07:00 UTC, their price is $24,04, down by 4,38% per day.
GameStop launched its own cryptocurrency wallet in May and an NFT marketplace in July. Meanwhile, according to DappRadar, the trading platform’s daily revenue fell below $4000 on August 22. At the time of the project’s launch, NFT sales revenue was about $44 500.
Useful material?
Market
Australia’s largest financial institutions have refused to process payments to digital asset trading platforms due to the risk of fraud
Jul 26, 2024
Politics
According to the politician, the value of the country’s bitcoin reserves should equal the value of gold reserves
Jul 26, 2024
Mining
The capacity of the Bitaxe device used by the network participant is only 500 Gh/s
Jul 25, 2024
Trends
Meanwhile, Trump-inspired assets have not shown significant growth
Jul 22, 2024
Market
The fee will be as much as 2,5% compared to 0,25-0,19% for competitors
Jul 18, 2024
Market
This is the third consecutive month of decline
Jul 18, 2024