GameStop has published a job advert for a security analyst who understands crypto.
Any successful candidate for the role will be in charge of data and platform confidentiality, and in part of the job description “additional skills and experiences” were mentioned, including familiarity with blockchain, cryptocurrency and non-fungible tokens (NFTs).
That could be an indication that the company is looking to join the latest NFT bonanza and crypto market in some fashion.
While GameStop launching an NFT is purely speculative right now, the logic behind such a move would not be out of place.
GameStop has experienced a significant downturn in its retail operations, prompting many traders to bet on the stock collapsing. The only thing that kept GameStop afloat was the determination of millennial investors using platforms such as Robinhood to stop this from happening.
Shifting online and diversifying some of its retail operation could be good for GameStop. Many other companies are beginning to explore this. Atari, another veteran gaming company, is also turning to crypto, blockchain and NFTs as a way to boost their results.