Collaboration aims to help GameStop get into the NFT business.

License Global

February 4, 2022

1 Min Read
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License Global

GameStop has announced a partnership with Immutable X. The partnership establishes an up to $100 million fund in Immutable X’s IMX tokens that the parties intend to use for grants to creators of NFT content and technology. 

Immutable X will also become a layer-2 partner and platform for GameStop’s NFT marketplace that is expected to launch later this year. In addition, the terms provide for Immutable X providing up to approximately $150 million in IMX tokens to GameStop upon the achievement of certain milestones. 

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