20 July 2021
Written By FinTech Alliance in Digital Currency
Twitter founder Jack Dorsey’s FinTech business Square is making a foray into decentralised finance (DeFi).
In Brief:
Square will create a new standalone business focused on DeFi.
It will build a platform for developers to build DeFi projects.
These will focus on Bitcoin.
What does this mean?
Jack Dorsey announced the move in a tweet, but the new business, called TBD, will be led by Mike Brock who was previously a strategic development lead focusing on cryptocurrency.
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