GameStop to Shut Down NFT Marketplace Amid Regulatory Uncertainty

The closure, effective February 2, 2024, comes 18 months after the marketplace's launch and marks GameStop's complete exit from the crypto and blockchain space.

GameStop has announced the closure of its NFT marketplace, effective February 2, 2024, citing the 'continuing regulatory uncertainty of the crypto space' as the reason.
The closure comes just 18 months after the launch of the marketplace in 2022, and follows the shutdown of GameStop's crypto wallet four months ago.
Despite the closure, NFTs purchased through GameStop's marketplace will remain on the blockchain and can be bought and sold on other platforms.
The closure marks GameStop's complete exit from the crypto and blockchain space.
The future of NFTs remains uncertain, with changing regulations and setbacks in the market.