Seeking Alpha
2021-11-10 16:37:13

Twitter sets team dedicated to crypto, digital assets - FT

Twitter (TWTR -0.5%) is setting up a team dedicated to crypto, the latest push by CEO Jack Dorsey to move further into decentralized finance and digital assets. The Twitter Crypto team will be led by Tess Rinearson, charged with setting "strategy for the future of crypto at (and on) Twitter," the Financial Times reports. In the short term the team is exploring payments, earnings for content creators and "decentralization" of social media. It's meant, though, to be a "center for excellence for all things blockchain and Web3." “Twitter gets crypto, and its early integration of Bitcoin Tips (BTC-USD) and NFT authentication demonstrates that,” Rinearson says. The new emphasis follows Twitter's pursuit of a tool allowing users to tip each other using bitcoin.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer