GameStop unveils Ethereum wallet, hints at upcoming NFT marketplace

BTC Peers

Published May 24, 2022 11:54AM ET

GameStop unveils Ethereum wallet, hints at upcoming NFT marketplace

On Monday, GameStop (NYSE:GME) announced that its Ethereum-based wallet was now available in beta. The non-custodial wallet is currently available as a browser extension for Google (NASDAQ:GOOGL) Chrome and Brave, with plans to make it available as an iPhone app in the future. It would allow users to store, send, and receive Ether, NFTs, and other ERC-20 tokens.

By non-custodial, it means that users will have total control of their assets through their private keys, known only to them. The setup will be compatible with hardware wallets, thereby lowering the risk of being hacked or confiscated. On the flip side, assets cannot be recovered if an owner loses their key.

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