Ecommerce Giant Amazon Could Make A Move Into NFTs “Down The Road”
Amazon could sell Non Fungible Tokens (NFTs) in the distant future, according to the company’s CEO, Andy Sassy. The ecommerce giant won’t begin accepting cryptocurrency payments anytime soon.
In an interview with CNBC Squawk Box, Amazon CEO Andy Jassy says crypto assets should continue to grow but that non-fungible tokens (NFTs) are significantly taking off and that Amazon could one day support them.
Jassy’s interview took place shortly after releasing his first annual shareholder letter on Thursday. The letter itself made no mention of Bitcoin, crypto, or NFTs.
According to Jassy, Amazon isn’t close to accepting crypto assets as payments as a part of their business model yet, when asked if they would consider selling NFTs, he notes that it’s a legitimate possibility in the future but does not include a timeframe.
“I think NFTs have really started to take off… I expect that NFTs will continue to grow very significantly. We’re not probably close to adding crypto as a payment mechanism in our retail business. But I do believe over time that you’ll see crypto become bigger… it is possible down the road.”
"I expect that #NFTs will continue to grow very significantly. We're not probably close to adding #crpyto as a payment mechanism in our retail business. But I do believe over time you'll see crypto become and it's possible … it's possible down the road," says $AMZN CEO @ajassy. pic.twitter.com/6q6HVolzgU
“I don’t have Bitcoin myself,” he clarified during the interview.
Last year, Amazon was looking for a digital currency and blockchain lead. According to the job listing, the company was looking for a seasoned veteran with at least 10 years of experience who can help them navigate the world of crypto.
