Amazon could potentially start selling non-fungible tokens, but it has no plans to explore cryptocurrencies for now, according to CEO Andy Jassy
During recent maintenance Along with CNBC’s Andrew Ross Sorkin, Amazon CEO Andy Jassy predicted that cryptocurrencies would continue to grow in size in the future.
Jassy noted that non-fungible tokens “have really started to take off.”
The Amazon boss, however, claims that he himself does not own either NFT or Bitcoin at the moment. He expects them to continue to grow “very significantly”. Jassy also said Amazon may possibly sell NFTs in the future.
As reported by U.Today, Apple CEO Tim Cook revealed that he personally owned crypto last November, but he also said that the tech giant had no immediate plans to delve into digital assets.
Amazon, according to Jassy, is also “not likely close” to adding cryptocurrencies as a payment mechanism in its retail business.
Last July, British newspaper City A.M. reported that Amazon had plans to start accepting Bitcoin in late 2021, citing an anonymous source. The fact that the e-commerce behemoth posted a cryptocurrency-related job offer prior to that made the rumors more plausible and ignited a short-lived price rally. However, Amazon
Jassy officially took over as CEO of Amazon last July after centibillionaire founder Jeff Bezos decided to step down as the company’s CEO.
Prior to taking over as CEO from Bezos, Jassy led the company’s cloud service division.
Amazon became the second US company to reach $1 trillion in market capitalization in 2018. It is currently valued at $1.5 trillion, making it the fifth largest company in the world (behind only Apple, Saudi Aramco, Microsoft and Alphabet).
