Here’s Why FTX Gamestop New Teaser Is Trending

In what could soon be a partnership, cryptocurrency exchange FTX on Monday announced in a teaser the start of its partnership with GameStop. After recently joining hands with Visa to roll out debit cards in 40 countries, the exchange is set to begin the new partnership. The move could be huge considering the scale and impact associated with Gamestop. Once started, the FTX Visa partnership would go on to be a great mix of gaming and cryptocurrency industries.

In a teaser announcement on Twitter, the crypto exchange did not reveal much about the tie up. The teaser caption read, “It’s coming,” indicating a potential partnership soon. Interestingly, the FTX Gamestop partnership will not be limited to digital engagement but also retail sales. The Sam Bankman-Fried led crypto exchange said ot will engage in sale of FTX gift cards in Gamestop’s retail stores.

FTX Gift Cards In Gamestop Stores

FTX and Gamestop will support e-commerce and marketing initiatives through the partnership. According to a statement, FTX gift cards will be made available in some GameStop stores. This comes amid FTX’s plans to launch its own stablecoin. Recently, FTX CEO Sam Bankman-Fried revealed that FTX is planning to roll out its own stablecoin.

“FTX gift cards will also be available in some GameStop stores. With the agreement, GameStop will ensure that FTX becomes the preferred retail partner in the U.S.”

Anvesh reports major developments around crypto adoption and trading opportunities. Having been associated with the industry since 2016, he is now a strong advocate of decentralized technologies. Anvesh is currently based in India. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]

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