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GameStop is pulling out of the NFT game.

GameStop will shut down the NFT marketplace on February 2nd “due to the continuing regulatory uncertainty of the crypto space,” reported by Decrypt yesterday.

That’s the same reason the company offered for shutting down its crypto wallet last year. The marketplace opened just a year and a half ago. The SEC was keenly interested in crypto throughout 2023, and took its first unregistered security enforcement against an NFT project in August.

A screenshot of GameStop’s message about the closure of its NFT marketplace.
GameStop ends its NFT ambitions.
Screenshot: Wes Davis / The Verge