Amazon Looking for Digital Assets Specialist at AWS, Is Crypto Integration Coming?

By Bhushan Akolkar
Published November 1, 2021 Updated November 1, 2021
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Amazon Looking for Digital Assets Specialist at AWS, Is Crypto Integration Coming?

By Bhushan Akolkar
Published November 1, 2021 Updated November 1, 2021

Once again, news about tech giant Amazon (NASDAQ: AMZN) dabbling into the crypto space is catching fire. As per the recent job application, tech giant Amazon is looking for a Principal Digital Assets Specialist in financial services.

As per the job application, the desired person will be working directly working with Amazon customers including innovative fintech and global financial institutions. The job requires the executive to have a strong understanding and experience in dealing with the “cryptocurrency and digital asset ecosystem across financial services”.

The person in charge will work with Fintech firms to transform the way in which they transact digital assets including CBDCs, stablecoins, cryptocurrencies, security-backed tokens, NFTs and asset-backed tokens.

Besides, the specialist will take care of the execution, settlement, and even custody of digital assets. The detailed job application highlights that the person in charge will have should be able to drive the settlement and custody to the AWS cloud platform.

Amazon’s Crypto Run

Earlier this year, there was a strong rumor of the tech giant integrating crypto payments into its e-commerce platform. The news caught fire as Amazon was looking for hiring a digital currency and blockchain product lead for its payments team.

The job application read that Amazon’s Payments Acceptance & Experience team is “seeking an experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap”.

However, the tech giant later denied any such development in place of getting crypto payments to its platform. The latest development has once again sparked speculation of Amazon’s continued involvement with digital assets.

As cryptocurrencies see growing mainstream adoption, big tech giants are getting increasingly curious about it. Thus, it won’t be a surprise if Amazon drops a bomb and announces crypto integration in the near time. Furthermore, with the improving regulatory landscape, the possibility can’t be denied.

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Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author
Bhushan Akolkar
897 Articles
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

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