GameStop’s NFT marketplace opening week sales eclipse Coinbase volume

July 20 (MT Newswires) — GameStop’s non-fungible token marketplace has become an early hit among collectors of digital images. The video-game retailer did more than 5,000 Ethereum ($7.3 million) in trading volume since opening its NFT platform on July 11, according to data compiled by Coindesk.

That first-week figure is more than twice the all-time NFT volume of rival and early entrant Coinbase. However, both have far to go to reach NFT leader OpenSea, which booked $120 million in Ethereum sales in the past week, according to data from DappRadar. That leading platform had more than 321,000 monthly active traders in June, according to industry analyst estimates.