Advertisement
U.S. markets close in 36 minutes
  • S&P 500

    5,261.13
    +12.64 (+0.24%)
     
  • Dow 30

    39,830.64
    +70.56 (+0.18%)
     
  • Nasdaq

    16,401.67
    +2.15 (+0.01%)
     
  • Russell 2000

    2,123.74
    +9.39 (+0.44%)
     
  • Crude Oil

    83.07
    +1.72 (+2.11%)
     
  • Gold

    2,241.50
    +28.80 (+1.30%)
     
  • Silver

    24.97
    +0.21 (+0.86%)
     
  • EUR/USD

    1.0789
    -0.0041 (-0.38%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • GBP/USD

    1.2622
    -0.0016 (-0.13%)
     
  • USD/JPY

    151.3990
    +0.1530 (+0.10%)
     
  • Bitcoin USD

    70,742.61
    +1,931.84 (+2.81%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

Amazon Web Services Looks to Drive Crypto Settlement and Custody to the Cloud

Amazon Web Services (AWS) is searching for a specialist to foster digital asset underwriting, transaction processing and custody in the cloud, according to a recent job posting.

The infrastructure giant wants to hire a Financial Services Specialist to work with global financial institutions and innovative fintechs, and “transform the way they transact digital assets (ex. cryptocurrencies, CBDCs [central bank digital currencies], stablecoins, security-backed tokens, asset-backed tokens and NFTs [non-fungible tokens]) from price discovery to execution, settlement and custody.”

Amazon’s much-anticipated move into digital assets is expected to include some kind of payment token, a so-called Amazon coin, based on previous job postings.

Read more: Amazon Preparing to Launch a ‘Digital Currency’ Project in Mexico

Meanwhile, AWS tailoring its infrastructure to things like cryptocurrency transaction processing and custody will likely be seen as a smart move, one that IBM is also doing.

”Working hand in hand with our sales teams, solution architects, [independent software vendors] and systems integrators you will help deliver the solutions that move customers towards end-to-end digital asset underwriting, transaction processing, and custody in the cloud,” said the AWS job ad.

Advertisement