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Amazon hints at possible NFT sales in the future

In a Squawkbox interview on CNBC Thursday, Amazon CEO Andy Jassy revealed that although his company is not close to enabling crypto payments, NFT sales might not be out of its future.

Last year, Amazon began scouting for a digital currency and blockchain product lead, sparking rumors that the company could integrate crypto payments into its platform. Back then, the company posted that the product lead would help to “develop Amazon’s Digital Currency and Blockchain strategy and product roadmap.”

Despite its valuation of around $1.6 trillion, Amazon has remained one of the few tech giants that haven’t made any big moves in the crypto space. While Facebook (NASDAQ:FB) took the bold step of rebranding to Meta in October, Microsoft (NASDAQ:MSFT) is acquiring Activision Blizzard (NASDAQ:ATVI) for $69 billion in a mega metaverse play, and YouTube is looking to explore NFT features for video creators.

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Source: Cryptocurrency - investing.com

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