GameStop has decided to shut down its NFT marketplace by February 2, 2024, due to ongoing regulatory uncertainties in the crypto space. This follows their discontinuation of the crypto wallet last August. The marketplace, launched in October 2022 in partnership with ImmutableX, focused on gaming assets but failed to significantly impact NFT trading volumes. While customers can still sell their NFTs on other platforms, this closure signifies GameStop's near-complete exit from the cryptocurrency sector, marking a shift from its initial venture into Web3 in 2022.
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