Cryptocurrency News

Walmart Is Looking For a “Visionary Leader” To Fill the Cryptocurrency Product Lead Position

By August 17, 2021 No Comments

Key takeaways:

  • Walmart, the world’s biggest retail corporation with over 10,000 stores and more than 2.2 million employees spanning across 24 countries, is looking for an expert capable of leading the company’s nascent cryptocurrency department.
  • The position will be instrumental in building Walmart’s “digital currency strategy and product roadmap” and will be responsible for overseeing “crypto-related investments and partnerships,” according to Linkedin post.
  • The company is looking for someone with at least 10 years worth of experience in a similar role and with exhaustive knowledge of the cryptocurrency industry and blockchain technology.
  • Walmart thus becomes the latest Fortune 500 company to embark on the cryptocurrency train.
  • Shortly after issuing a job advert for a cryptocurrency lead, rumors about e-commerce giant Amazon accepting crypto caused quite a stir in the crypto space and spurred the largest single-day gain in July. In the end, the rumors were denied by Amazon. 
  • The pace of news about institutional investors and celebrities getting involved with crypto seems to be rapidly increasing. Whether it is Wells Fargo providing Bitcoin exposure to wealthy clients, or famous athletes like Mike Tyson launching an NFT collection, the general acceptance of crypto is steadily growing.