• Loading stock data...
PublicWire | Emerging Market Stock News
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
No Result
View All Result
PublicWire
No Result
View All Result

Home » Crypto » Twitter CEO Jack Dorsey backs crypto startup

Twitter CEO Jack Dorsey backs crypto startup

Al Restar by Al Restar
November 1, 2019
in Crypto, Technology
2 min read
48
0
Twitter CEO Jack Dorsey backs crypto startup

Photo: JD Lasica | Flickr | CC BY 2.0

Amidst his bold pronouncements that he and Twitter will not support Facebook’s cryptocurrency project, Libra, Twitter CEO Jack Dorsey, went out to back another cryptocurrency project as the social media network participated in CoinList’s $10 million funding round, alongside several other investors.

Coinlist is a platform that helps startups get and generate funding through token sales. The platform will use the rounds of investments to fund the development of CoinList Trade, a new exchange platform, and a cryptocurrency wallet, the Wall Street Journal said in a report. Coinlist new round of investment came after it closed a Series B in 2018 from backers, including Digital Currency Group and Polychain Capital.

Dorsey’s investment in Coinlist marks his first physical venture on the cryptocurrency market amidst being a long-time crypto and Bitcoin advocate. In the last few months, Dorsey has become very vocal about his plan to invest in, including hiring developers to work full-time on Bitcoin Core and other “cryptocurrency ecosystem” projects.

“#BitcoinTwitter and #CryptoTwitter! Square is hiring 3-4 crypto engineers and one designer to work full-time on open source contributions to the bitcoin/crypto ecosystem. Work from anywhere, report directly to me, and we can even pay you in bitcoin! Introducing @SqCrypt,” Dorsey said in a post made by his official Twitter account.

In past interviews, Dorsey has advocated Bitcoin as the future of internet payments. “[Bitcoin] is something that was born on the internet, that was developed on the internet, that was tested on the internet,” he said in an interview in Joe Rogan’s podcast, “it is of the internet.”

“I believe the internet will have a native currency […] I don’t know if it’s Bitcoin, [but] I think it will be given all the tests it’s been through, the principles behind it, and how it was created,” he added.

Al Restar

Al Restar

An idealist straight from business school who works as a content marketer, digital branding consultant, and graphic designer. Outside work, he spends his time taking care of his cacti and painting watercolors.

Related Posts

Trump Retweets Richard Grenell’s Call to Ban Microsoft from Federal Contracts
Technology

Trump Retweets Richard Grenell’s Call to Ban Microsoft from Federal Contracts

June 12, 2020
155
Tiktok named its new CEO Kevin Mayer
Social Media

TikTok Named Kevin Mayer as its new CEO to Lead its U.S. Operations

May 19, 2020
153
Virgin Galactic
Technology

Richard Branson to Sell More Than a Fifth of Virgin Galactic Shares

May 12, 2020
116
Uber removes 3,700 employees or 14% of its global workforce
Technology

Uber Slashed 14% of its Global Workforce to Compensate COVID-19 Pandemic Losses

May 6, 2020
135
Airbnb Job Cuts COVID-19 Pandemic
Technology

Airbnb Cuts 1,900 Jobs to Compensate Losses

June 18, 2020
123
Sheryl Sandberg said that learning from their mistakes in the past prepared Facebook for crisis like COVID-19.
Technology

Facebook COO says they are ready for crisis because they learned from their mistakes

April 1, 2020
121
Currently Playing

Subscribe To Our Newsletter

Ad

PublicWire | Emerging Market Stock News 24/7 | Investor Relations US Stock Market

© Copyright 2020 PublicWire.com

Navigate Site

  • About
  • #96576 (no title)
  • Disclaimer
  • Watch LIVE
  • Privacy Policy
  • Terms and Services
  • Contributors

Follow Us

No Result
View All Result
  • LIVE Investor News Channel
  • Cannabis
  • Energy
  • Finance
  • General
  • Medical
  • Podcasts
  • Retail
  • Technology
  • #370 (no title)

© Copyright 2020 PublicWire.com

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Public Wire Logo

Hello please subscribe to our newsletter to get up to date news weekly!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.