Following in the footsteps of Tesla, PayPal and TIME, e-commerce platform eBay is now also considering accepting cryptocurrencies as payment, as well as a move into the NFT industry.

According to a new report from Yahoo Finance, the company is currently looking for new ways to reinvigorate its business after a weak second-quarter profit forecast that left shareholders disappointed. Speaking to Reuters, eBay CEO Jamie Iannone said that cryptocurrencies may be a step forward.

“We are always looking at the most relevant forms of payment and will continue to assess that going forward,”  he remarked. “We have no immediate plans, but [cryptocurrency] is something we are keeping an eye on.”

In a separate conversation with CNBC, Iannone also noted the company’s interest in becoming a trading platform for NFTs. “We’re exploring opportunities on how we can enable [NFTs] on eBay in an easy way,” he said. “Everything that’s collectible has been on eBay for decades and will continue to be for the next few decades.”

Mac Nuru

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