Amazon CEO Andy Jassy informed CNBC on Thursday he doesn’t own any bitcoin or nonfungible tokens, however that he’s optimistic about the way forward for cryptocurrencies and NFTs.
“I haven’t got bitcoin myself,” Jassy informed CNBC’s Andrew Ross Sorkin in a “Squawk Box” interview.
“We’re not in all probability near including crypto as a cost mechanism in our retail enterprise, however I do consider over time that you’re going to see crypto change into larger,” added Jassy, who was interviewed after he launched his first annual shareholder letter since taking on the helm from Amazon founder Jeff Bezos.
Amazon has beforehand signaled an curiosity in cryptocurrency. Last yr, it was trying so as to add a digital forex and blockchain knowledgeable to its funds staff to assist develop Amazon’s “technique and product roadmap” across the applied sciences.
“You know, I anticipate that NFTs will proceed to develop very considerably,” Jassy mentioned Thursday.
He mentioned he could envision a future the place the e-commerce large sells NFTs. NFTs are digital property — from music to a web site area to digital paintings — whose possession is recorded on a blockchain.
“I believe it is potential down the highway on the platform,” he mentioned.
NFTs have exploded in reputation over the previous yr, and the expertise has some overlap with cryptocurrency fanatics. Trading in NFTs hit $17.6 billion final yr, a rise of 21,000% from 2020, based on information from Nonfungible.com.
https://www.cnbc.com/2022/04/14/andy-jassy-says-he-doesnt-own-bitcoin-says-amazon-could-sell-nfts.html
