GameStop Announces Partnership With Crypto Exchange FTX

GameStop announces partnership with Crypto exchange FTX. After its successful debut in the NFT space, it seems that GameStop’s next aim in the Web3 community is to make itself known within the Crypto space.

The Partnership

Recently, the large gaming retail company GameStop announced its new partnership with the US crypto exchange FTX.

This partnership is said to have been both of the company’s attempts to bring more of GameStops’ customers into the world of cryptocurrency as well as the two companies working together on online marketing initiatives.

This partnerhsip will reportedly entail GameStop’s retail stores to start selling FTX gift cards among its 2,970 stores across the United States.

The deal we just announced with FTX is a by-product of our commerce and blockchain team, working hand-in-hand together to establish something unique in the retail world.” GameStop CEO, Matt Furlong said about the partnership.

GameStop And Web3

This isn’t the first time the videogame retail company has dived into the world of blockchain and Web3. In fact, it seems that GameStop is hard at work in making a name for itself in the world of Web3.

Back in July, GameStop successfully launched its very own Ethereum-based NFT marketplace, claiming that it aims to become a main player in the NFT gaming space.

Related: GameStop NFT Marketplace Opening Week Sales Dwarfs Coinbase NFT

GameStop’s NFT Marketplace proved itself to be a massive success, surging $7.2 million in weekly sales volume within the week of its launch.

After making a name for itself in the NFT space, it seems that GameStop is now aiming to focus its resources in making a name for itself in the crypto space, offering customers special FTX gift cards so that crypto enthusiasts will become more likely to visit their retail stores.

For more info regarding Crypto Alpha and NFTs Alpha.  Always follow us on Twitter and Instagram


Related post