The crypto-verse has been veering in several major mainstream companies across the globe. Spotify is the latest to join the bandwagon. Last year, when Facebook revealed its crypto venture several platforms partnered with the social media giant. While many reeled out of the project after increased scrutiny by governments across the globe, the Libra project managed to retain a few. Spotify was one of them. The streaming service posted a job opening with regard to the same.
Spotify Looks For Associate Director To Spearhead Payments Team
In an elaborate post, prominent audio streaming platform, Spotify revealed that it was looking for an individual to fill in the position of Associate Director to head the Payments Strategy and Innovation team. The role requires the applicants to aid in the implementation of Spotify’s payments strategy along with the platform’s activity with the Libra project. While the Libra project is now called Diem, Spotify seems to be prepping for the imminent project.
The role further requires the selected candidate to juggle between Spotify’s London and Stockholm offices. The post further read,
“This role will report to the Director, Payments Strategy & Innovation and will play a key part in defining and implementing Spotify’s payments strategy as well as leading Spotify’s activity within the Libra stablecoin project and wider digital asset & cryptocurrency space.”
Apart from this, Spotify suggested that the associate director would have to “drive further consideration” of prospects in the blockchain, crypto, stablecoins, Central Bank Digital Currencies [CBDC] as well as distributed ledger tech that has been currently flourishing across the globe.
With the crypto industry emerging in full force, several platforms have been setting up resources to comply with the ongoing crypto fervor.
Several members of the crypto industry seemed to be excited about this and expressed their thoughts about the same on Twitter. Binance’s Changpeng Zhao aka CZ was one among them as he highlighted that Spotify was getting into crypto. His tweet read,
👀 Spotify getting into #crypto.
— CZ Binance (@cz_binance) December 4, 2020