Amazon CEO: Crypto Will Become Bigger, NFTs Will Grow ‘Very Significantly’

The CEO of e-commerce big Amazon is optimistic about crypto and non-fungible tokens (NFTs). He says that over time crypto will “turn into larger” and NFTs will proceed to “develop very considerably.”

CEO on Amazon Accepting Crypto Payments and Selling NFTs

Amazon CEO Andy Jassy talked about cryptocurrency and non-fungible tokens (NFTs) in an interview with CNBC Thursday. Jassy changed Jeff Bezos as president and CEO of Amazon in July final yr. He beforehand led Amazon Web Services (AWS) since its inception in 2003.

Regarding whether or not Amazon will settle for cryptocurrency for funds of merchandise on its platform, the CEO affirmed, “We’re not most likely near including crypto as a fee mechanism in our retail enterprise.” However, he famous:

I do imagine over time that you simply’ll see crypto turn into larger.

Commenting on whether or not he owns any cryptocurrency, the Amazon government disclosed, “I don’t have bitcoin myself.”

When requested whether or not Amazon may in the future promote NFTs, Jassy replied, “I believe it’s doable down the highway on the platform.” While revealing that he doesn’t personal any NFTs personally, the Amazon boss opined:

I anticipate that NFTs will proceed to develop very considerably.

The e-commerce big has been hiring crypto specialists for varied divisions of the corporate. In November final yr, AWS posted a job itemizing for a principal digital asset specialist who can “assist drive adoption throughout the worldwide digital asset group.”

Amazon additionally posted a job provide for a digital foreign money and blockchain knowledgeable for its Payment Acceptance & Customer Experience workforce in June final yr with the purpose to develop the corporate’s digital foreign money and blockchain technique in addition to a product roadmap.

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