Spotify Seeks New Director for Crypto Activities
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Dec. 3, 2020

Spotify, a digital music service, has published a new vacancy according to which, the service wants to expand its activities in digital asset & cryptocurrency space, Trust Nodes first reported.

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According to the job post, the company is looking for an Associate Director to join Payments Strategy & Innovation. The candidate will reportedly play a main part in defining and implementing Spotify’s activity within the Libra stablecoin project and wider digital asset & cryptocurrency space.

PayPal CEO Wants to Significantly Bolster Utility of Crypto

The company also says a potential candidate will drive further consideration of new opportunities and innovation"in the emerging ecosystem of distributed ledger technology, blockchains, cryptocurrencies, stablecoins, Central Bank Digital Currencies and other digital assets."

Spotify's plans to add support for cryptocurrencies comes after an online short-term rental service Airbnb submitted a document on its IPO, in which the company talks about the possibility of adding crypto payments in the future.

Airbnb also mentions distributed ledger and blockchain along with biometrics, artificial intelligence, virtual and augmented reality as possible directions for future development.

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