GameStop, the most well-known ‘meme-stock’ on Thursday said in a statement that it was joining hands with FTX, a cryptocurrency trading platform, in a bid to make moves in the crypto arena. The monetary terms of the partnership were not immediately disclosed, but the statement added that the deal will involve GameStop selling FTX Gift cards in some of its stores. GameStop also reported its quarterly figures in the same statement and reported a lower-than-expected loss for the quarter. The deal as well as the reduction in losses led to a 10% rise in the company’s stock pre-market.
