LG ‘Ready to Make NFT Push’ as it Seeks Blockchain-savvy CTOs

LG Electronics has announced it wants to hire two new Chief Technical Officers (CTOs) to lead its Web3 and blockchain technology operations – just months after registering a trademark for a crypto wallet. Digital Today reported that it was highly “likely” that the new hires would be tasked with leading the firm’s expansion into the non-fungible token (NFT) sector.

A job posting on the company’s website called for candidates with an “understanding the usability and technology of blockchain technology and NFTs.” The firm explained that one of the new hires will be responsible for Web3-related expansion efforts, while the other would focus on blockchain-related research and blockchain-powered apps.

However, the South Korean firm appeared to distance itself from reports that the firm is set to pivot further toward crypto.

The same media outlet quoted an LG Electronics spokesperson as stating