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Amazon CEO | NFTs will skyrocket

NFTs will skyrocket according to Amazon’s CEO Andy Jassy

The CEO at the online retailing behemoth Amazon thinks that a young section of the cryptocurrency business will continue to experience significant development in the foreseeable future.

Amazon CEO Andy Jassy said in a recent interview with CNBC Squawk Box that crypto assets should continue to expand, but that non-fungible tokens (NFTs) are gaining substantial traction and that Amazon may one day embrace them.

When asked whether they would contemplate selling NFTs, Jassy responds that it is a genuine option in the future but does not provide a specific timetable.

“I believe that NFTs have finally begun to gain traction… I anticipate that the number of NFTs will continue to expand at a rapid pace. We’re probably not going to be able to use cryptocurrency as a payment method in our retail company anytime soon. However, I feel that cryptocurrency will grow in importance over time… The sale of NFTs is a possibility in the future.”

Jassy further states that he does not personally hold any NFTs or any of the major crypto assets in terms of market capitalization.

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