The CEO of e-commerce giant Amazon is optimistic about crypto and non-fungible tokens (NFTs). He says that over time crypto will “become bigger” and NFTs will continue to “grow very significantly.”
Amazon CEO accepting crypto payments and selling NFTs
Amazon CEO Andy Jassy spoke about cryptocurrency and non-fungible tokens (NFTs) in an interview with CNBC on Thursday. Jassy replaced Jeff Bezos as president and CEO of Amazon in July last year. He previously led Amazon Web Services (AWS) since its inception in 2003.
Regarding whether Amazon will accept cryptocurrency for payments of products on its platform, the CEO affirmed, “We’re not probably close to adding crypto as a payment mechanism in our retail business.” However, he noted:
I believe that over time you will see crypto getting bigger.
Commenting on whether he owns any cryptocurrency, the Amazon executive disclosed, “I don’t have bitcoin myself.”
When asked if Amazon might ever sell NFTs, Jassy replied, “I think it’s possible on the platform.” While revealing that he personally does not own any NFTs, the Amazon boss said:
I expect that NFTs will continue to grow very significantly.
The e-commerce giant has hired crypto experts for various divisions of the company. In November last year, AWS posted a job posting for a Senior Digital Asset Specialist who can “help drive adoption in the global digital asset community.”
Amazon also posted a job offer for a digital currency and blockchain expert for its Payment Acceptance & Customer Experience team in June last year with the aim to develop the company’s digital currency and blockchain strategy as well as a product roadmap.
