Square CEO Jack Dorsey to Build Decentralized Exchange

CoinEdition

Published Aug 28, 2021 03:38AM ET

Updated Aug 28, 2021 04:00AM ET

Square CEO Jack Dorsey to Build Decentralized Exchange

  • Jack Dorsey has just tweeted details about Square’s new division TBD’s direction.
  • The CEO is building a decentralized exchange for bitcoin.
  • In detail, the proposed platform aims to be open-source and open protocol.

Jack Dorsey’s setting sights on building a decentralized bitcoin exchange, after conquering the space for buying and selling bitcoin.

The Square and Twitter (NYSE:TWTR) CEO tweeted on Friday that new division TBD is planning to build a decentralized bitcoin exchange. As such, the new division will be a subsidiary of Square and focuses on creating an open developer platform.

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