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

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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.”

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.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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