By Yasin Ebrahim
Investing.com - GameStop is surging in after-hours trading Thursday as the video game company is launching a business to create a marketplace for nonfungible tokens, or NFTs, and enter cryptocurrency partnerships, The Wall Street Journal reported, citing unnamed sources.
GameStop (NYSE:GME) jumped more than 16%.
Gamestop has hired more than 20 people to run the new business - to be launched this year - and establish an online marketplace for buying, selling and trading NFTs of virtual videogame goods including avatar outfits and weapons, according to the report.