Online e-commerce retail giant Amazon’s CEO Andy Jassy had a sit-down interview on CNBC’s Squawk Box where he dished about NFTs saying Amazon could potentially sell non-fungible tokens(NFTs) in the future.
Andy Jassy was interviewed shortly after releasing his first annual shareholder letter since succeeding Jeff Bezos. The letter makes no mention of bitcoin, cryptocurrency, or NFTs.
He was asked about his thoughts on cryptocurrency and whether he owns any NFTs or Bitcoin, to which he replied that he did not.
“I think 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 and it’s possible” he said.
Although the cloud-computing behemoth is not close to adding cryptocurrency as a payment option to its retail business, its AWS Unit was reportedly hiring a Principal Digital Assets Specialist who will help drive adoption across the global digital asset community.
NFTs have skyrocketed in popularity, reaching $17.6 billion in market sales last year.
Continuous advancements in this technology are generating new revenue streams for companies such as eBay, which allowed the sale of NFTs on its platform last year and has recently hinted at a digital wallet during its Investor Day presentation this year.
