Walt Disney hires in-house counsel for 'emerging technologies' and NFTs
Metaverse and NFT

Walt Disney hires Corporate lawyer for ’emerging technologies’ and NFTs

The Walt Disney Company is seeking legal help to expand into Web3 territory. It is hiring a transactional attorney to explore emerging technologies, including NFTs. The announce was posted on LinkedIn on Saturday, September 24, 2022.

Disney, entering the metaverse and DeFi

According to the listing on Disney’s careers website, the company is hiring a “Senior Advisor – Enterprise Transactions, Emerging Technologies and NFTs“. The hire will work on transactions involving NFTs, the metaverse, blockchain and decentralized finance (DeFi).

Disney says on LinkedIn that the work schedule will be accelerated and aggressive. The job posting also says the hire will be expected to partner with business teams to plan new emerging technology projects. The idea is to penetrate new market segments such as the metaverse and decentralized finance.

Some consider that there is a kind of legal vacuum when it comes to NFTs and more generally to decentralized finance. In this sense, the recruitment of a lawyer specialized in transactions is a necessity for the group.

Hence, this new role comes as Walt Disney Company is slowly positioning itself around the crypto, blockchain and Metaverse industry. Indeed, Disney has been actively deploying in the Metaverse and NFT space recently. According to previous reports, on September 10, Disney CEO Bob Chapek hopes to use real-world and digital data. It aims to drive its Metaverse policy, including data from tourists visiting theme parks and consumer streaming habits.

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