The CEO of Shopify, Tobi Lutke, revealed, on his Twitter handle, his growing interest in the decentralized finance sphere of Ethereum. Lutke had been exploring the Ethereum world to better understand its working. Could this mean an integration of Shopify with Ethereum can be soon in the works?
Lutke furthered the discussion by asking and poking around NFTs, DAOs and Oracle services while also taking feedback from followers about their expectations from ecommerce related opportunities and Shopify’s role in it. Shopify CEO also argued that Shopify’s mission perfectly aligns with decentralized finance as Shopify is primarily going against centralization. Lutke had his mind brimming with opportunities in the DeFi sphere but no further details were revealed. Suffice it to say, something might be in the cooks at Shopify and we may expect a huge announcement soon.
Shopify is one of the leading ecommerce platforms and a market share exceeded only eBay and Amazon. The ecommerce giant’s integration with DeFi protocol could further accelerate the cryptocurrency race.