GameStop’s Crypto Dreams Are a Long Shot. What Are NFTs Even Worth? – Barron’s

gamestop’s-crypto-dreams-are-a-long-shot.-what-are-nfts-even-worth?-–-barron’s

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https://www.barrons.com/articles/gamestop-crypto-nft-exchange-51648060955


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GameStop expects to launch a marketplace for non-fungible tokens, or NFTs, by the end of July, pushing into the digital asset space as investors hope for a wider turnaround at the embattled video game retailer.

The move into NFTs would be a significant departure from GameStop’s (ticker: GME) core retail business. It’s also a gamble that may not move the revenue needle much, and adds another element of uncertainty around the highly volatile stock. 

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