GameStop Hints at Crypto Custody Services with Wallet Trademark Listing

According to a filing issued on the United States Patent and Trademark Office (USPTO) website, the agency has accepted GameStop’s request, and trademarked terms will become valid after the examination.

The listed items in the trademark filing include the term "GameStop Wallet" which covers categories linked with blockchain technologies coined as "downloadable computer software" like implementing blockchain transactions, signing blockchain transactions, managing and securing digital identities and digital assets, generating cryptographic private keys, digital asset transactions, encryption, securing data transactions and digital identities.

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GameStop’s expansion in blockchain technology has seen tremendous growth over the past several months. Back in February, the video game retailer partnered with a layer 2 NFT marketplace, Immutable X.

Likewise, just a week ago, GameStop announced the launch of the beta version of its NFT marketplace, powered by the layer 2 protocol Loopring.

Based on the financial report by GameStop, the video game company generated $2.2 billion in the final quarter of 2021 and raked in $6B in revenue throughout 2021.

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