May 1, 2025
Blockchain

Amazon head authorizes NFT sale on company’s platform in future

  • April 14, 2022
  • 0

Amazon has no intention of integrating cryptocurrencies into its platform as a payment mechanism, but may sell NFTs in the future. This was stated by the company’s president,

Amazon has no intention of integrating cryptocurrencies into its platform as a payment mechanism, but may sell NFTs in the future. This was stated by the company’s president, Andy Jesse, in an interview with CNBC.

“We may not be close to adding cryptocurrencies as a payment mechanism to our retail business, but I believe the industry will grow over time,” Jesse said.

He noted that he does not personally own bitcoin or other digital assets. At the same time, the head of Amazon emphasized that he expects “significant growth” in the NFT sector, allowing the sale of immutable tokens on the company’s platform in the future.

Jesse became CEO of Amazon in February 2021, replacing Jeff Bezos. Prior to that, he led the Amazon Web Services division, where he launched the Amazon Managed Blockchain blockchain platform.

In July 2021, the media reported the company’s plans to add support for bitcoin payments, but Amazon denied this information. That same month, the company opened an open position for a project manager in the digital currencies and blockchain space.

Recall that in November PayPal announced a partnership with Amazon where customers of the online retailer could pay for their purchases through the Venmo payment service.

Source: Fork Log

Leave a Reply

Your email address will not be published. Required fields are marked *

Exit mobile version