Amazon CEO Andy Jassy told CNBC on Thursday that he doesn’t own any bitcoin, but he’s optimistic about the future of crypto and sacrosanct tokens.
“I don’t have bitcoin myself,” Jassy told CNBC’s Andrew Ross Sorkin in a “Box of Squaw“interview.” You know, I expect that the NFT will continue to grow very significantly. “
“We may not be close to adding crypto as a payment mechanism in our retail business, but I believe that over time you will see crypto get bigger,” Jassy said. more, who was interviewed after released his first annual shareholder letter since taking over leadership from Amazon founder Jeff Bezos.
Amazon has previously signaled interest in cryptocurrencies. Last year, it looking for more a digital currency and blockchain specialist for his payments team to help develop Amazon’s “strategy and product roadmap” for the technologies.
Amazon may not be close to adding crypto as a payment method, but Jassy said he can envision a future where the e-commerce giant sells NFTs. NFT is a digital assets – from music to website domains to digital artwork – whose ownership is recorded on a blockchain.
NFT has exploded in popularity over the past year, and the technology has some overlap with crypto enthusiasts. NFTs trading hit $17.6 billion last year, up 21,000% from 2020, according to data from Nonfungible.com.
After he was asked if Amazon might one day sell NFTs, Jassy said: “I think it’s entirely possible on the platform.” He added that he doesn’t own any NFTs, but he expects the technology “to continue to evolve very dramatically.”
SEE: Amazon CEO Andy Jassy: This is a moment of extraordinary growth
