Retail Giant Walmart Hiring Digital Currency And Crypto Product Lead

Jae Chia
August 16, 2021
1 min read

US retail giant Walmart is looking to hire an expert in cryptocurrencies and digital payments. The new Digital Currency and Cryptocurrency Product Lead will “drive the vision for the product and capabilities roadmap”, according to the company’s job posting.

The successful applicant would also “identify crypto-related investment and partnerships,” the ad said.

JUST IN: Walmart is hiring a digital currency and crypto product lead

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— Blockworks (@Blockworks_) August 15, 2021

It is likely that Walmart is making moves into the cryptocurrency space, and might accept cryptocurrency as payments, though no details were provided.

Retail giants entering the cryptocurrency space

This July, Amazon also put up a job listing for a Digital Currency and Blockchain Product Lead. The move sparked widespread speculation that the online shopping giant would be accepting crypto payments though Amazon.

New: Amazon confirms — for the first time — interest in accepting crypto.

"We believe the future will be built on new technologies that enable modern, fast, and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible."https://t.co/DsiOcj3bQ5
— Eugene Kim (@eugenekim222) July 23, 2021

Walmart joins many other big tech companies like Apple and Facebook in the adoption of cryptocurrency and blockchain technology.

Big tech aren’t the only ones adding crypto into their portfolios, financial institutions like JP Morgan, Bank of America and Mastercard are joining the fray as well.

Featured Image Credit: Marketplace

Also Read: Crypto Market Cap Returns To $2 Trillion After 3 Months, Signals Bullish Sentiments