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GameStop Hints at Crypto Custody Services with Wallet Trademark Listing

GameStop Hints at Crypto Custody Services with Wallet Trademark Listing

With the recent developments in the long-anticipated NFT marketplace, GameStop will supposedly launch its own wallet according to the latest trademark filing.

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.

Aaron S. , Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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