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Gamestop Reports $76.9M From Sales of IMX Tokens Received From Immutable

GameStop received a cash flow boost of $76.9 million from the sale of IMX tokens it had received as part of its partnership with NFT scaling platform Immutable, according to the video game retailer's quarterly report. "The Hash" panel discusses the future of gaming where digital assets could play a big part.

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Finance

GameStop Reports $76.9M in Proceeds From Sales of Digital Assets in First Quarter

The company also confirmed intentions to launch its NFT marketplace in the second quarter.

GameStop (John Smith/VIEWpress/Getty Images)

Videos

GameStop and eBay Jump into NFTs Despite Bear Market Concerns

Video game retailer GameStop (GME) has unveiled its own self-custodial Ethereum wallet for cryptocurrencies and non-fungible tokens (NFTs), while eBay released its debut digital asset collection through a partnership with Tezos and Polygon-based platform OneOf. “The Hash” group discusses why these two legacy brands have decided to enter Web 3 amid a bear market, referencing the underwhelming performance of Coinbase’s new NFT platform.

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Finance

GameStop Unveils Crypto and NFT Wallet, Shares Jump 3%

A beta version of the self-custodial Ethereum wallet is available to download now from GameStop's website.

(Justin Sullivan/Getty Images)

Finance

GameStop Says It Plans to Launch NFT Marketplace by End of July

The struggling video game retailer recently partnered with Immutable X to build out its NFT initiative.

(Justin Sullivan/Getty Images)

Videos

NFT Platform Immutable X Wants to Bring Blockchain Gaming to the Masses, Raises $200M at $2.5B Valuation

Non-fungible token (NFT)-scaling platform Immutable X has raised $200 million in a Series C funding round at a $2.5 billion valuation. Immutable co-founder and President Robbie Ferguson discusses how this could potentially help bring NFT gaming to the mainstream. Plus, the company’s partnership with GameStop, user demographics, the traditional gaming scene and more.

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Videos

Meme Investing: From GameStop to AMC, Did Wall Street Still Win?

In the aftermath of the GameStop short squeeze, Wall Street Journal "Heard on the Street" editor Spencer Jakab discusses the key findings from his new book "The Revolution That Wasn't," explaining that meme investing from retail investors did little to change power dynamics on Wall Street. Plus, his take on Tesla CEO Elon Musk's influence on crypto.

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Videos

GameStop Taps Immutable X for NFT Marketplace, Launches $100M Gaming Fund

After hinting its plans for the metaverse in a Web 3 job posting in October, GameStop is partnering with layer 2 system Immutable X for the launch of its non-fungible token (NFT) marketplace. “The Hash” panel discusses the implications of the rollout amid continued NFT backlash in the gaming community.

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Finance

GameStop Taps Immutable X for NFT Marketplace, Launches $100M Gaming Fund

The retail gaming staple is taking a carbon-neutral swing at Web 3 with no shortage of bankroll.

(Justin Sullivan/Getty Images)