EBay Inc (EBAY.O) is open to the possibility of accepting cryptocurrency as a payment method in the future and is looking for ways to obtain non-fungible tokens (NFTs) on its platform, said the company Monday.
A growing number of companies have started to accept virtual currencies as a form of payment, taking an asset class that had been shunned by large financial institutions a few years ago, one step closer to mainstreaming.
Tesla Inc (TSLA.O) already accepts bitcoin as a payment method for its electric cars, while payments giant PayPal (PYPL.O) began last year to allow customers to buy, sell and trade. keep cryptocurrencies using their online wallets. Read more
“We are always looking for the most relevant payment methods and will continue to evaluate this in the future. We don’t have immediate plans, but it is (the cryptocurrency) that we are watching, ”eBay said in a statement to Reuters.
In an interview with CNBC, CEO Jamie Iannone said accepting virtual currency is an option the company is considering.
EBay, which disappointed investors with weak expectations for second quarter earnings last week, said it was looking for a “number of ways” to get into the NFT space. Read more
NFTs, a type of digital asset that exists on a blockchain, have exploded in popularity this year, with NFT artwork sold for millions of dollars and musicians such as rock band Kings of Leon adopting them for. their latest album. Read more
“We are exploring opportunities on how we can activate it (NFT) on eBay in an easy way,” Iannone said on CNBC.
“Everything collectible has been on eBay for decades and will remain so for decades to come.”
(This story is passed on to correct CEO name in paragraphs 5 and 8 to Iannone; correct typographical errors in paragraphs 1, 3 and 4.)
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