TIME is seeking to hire a CFO who understands bitcoin

TIME is hiring a new Chief Financial Officer (CFO) to oversee the brand's money matters — and it would prefer someone familiar with bitcoin and other cryptocurrencies, according to a job description posted on LinkedIn on Monday. 

The listing did not explain what the CFO would be doing with crypto, but included among the qualifications that TIME would like to see in job candidates is "comfort with Bitcoin and cryptocurrencies."

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

The new job posting comes on the same day that the brand announced it will auction three magazine covers in the form of non-fungible tokens (NFTs). The NFTs are available for purchase individually or as a collection on NFT marketplace SuperRare. The auction is now open and will run until March 24. At press time, the highest bid was at 20 ETH (about $35,000). 

The Block has reached out to TIME and we will update this story if we receive additional comments.

About Author

Saniya More (pronounced: Saan-ya Mo-ray) is a quadrilingual journalist at The Block. She got her master’s degree from the Columbia University Graduate School of Journalism and did her undergraduate degree at the S.I. Newhouse School of Public Communications, Syracuse University. Her work has appeared in CBS News, Bangkok Post, Thai Enquirer, Globalists, Byline Times and other publications. When she’s not chasing a story, you will most likely find her biking, tweeting, taking photos or creating Spotify playlists for every occasion.