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.