Twitter CEO Jack Dorsey Invests $10 Million in Crypto Startup, Coinlist

Twitter CEO Jack Dorsey invests $10 million in the token offering platform Coinlist. The Twitter and Square CEO is a bitcoin advocate and has placed a bet on the cryptocurrency. Moreover, the CoinList platform intends to develop a crypto exchange named as CryptoTrade and a new crypto wallet. “Crypto needs a trustworthy platform for launching new projects,” Mr. Dorsey said in a statement. “Furthermore, CoinList leads the industry in that role, and trading is a logical next step.”

Advertisement

Square Crypto, a Bitcoin-focused initiative by the Square financial services firm had been launched recently by the Bitcoin Advocate – Jack Dorsey. Furthermore, the main aim of Square Crypto is that cryptocurrency eventually becomes a daily-use currency for masses.