GameStop's head of blockchain departs company

Quick Take

  • GameStop’s head of blockchain announced on Monday that he has left the company.
  • The move comes following a considerable period of growth for GameStop in its crypto offerings. 

Matt Finestone, GameStop's head of blockchain, announced Monday that he has left the company.

In a heartfelt, five-part Twitter thread he wrote: "The past year and a half has been among the most meaningful of my life. I am so grateful to so many, and excited for what this motivated new division will continue to accomplish." Finestone added that he would "continue working within the Ethereum ecosystem, and return closer to the protocol/infrastructure level."

Finestone had been at the company at a time of considerable change.

Earlier this summer GameStop launched the public beta of its NFT marketplace. It also launched a self-custodial Ethereum wallet in May, which will be one of the wallets that users can connect to the new marketplace. The company says it will eventually add more features to support "Web3 gaming, more creators and other Ethereum environments." 

Alongside this, less than a week ago, Gamestop announced a deal with crypto exchange giant FTX to carry FTX gift cards in some stores. 

© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.