Tech

Twitter to Launch Dedicated Cryptocurrency Team

Twitter to Launch Dedicated Cryptocurrency Team

  • Twitter is set to launch a dedicated crypto team in a push to embrace cryptocurrencies
  • The company has announced that it has hired Tess Rinearson to lead the new crypto team and create a strategy
  • Twitter CEO Jack Dorsey is a renowned Bitcoin enthusiast and he has severally revealed his intentions to integrate digital assets into the company’s future

Twitter is reiterating it’s push towards digital currency as the company has announced the launch of a dedicated cryptocurrency team.

The social network has disclosed that it has hired Tess Rinearson to lead the new team of cryptocurrency experts, according to Financial Times.

The company stated that it is exploring ways to integrate decentralized technologies into its products.

The company added that in the short term, it is working towards integrating cryptocurrency as payment, especially for content creators.

The CEO of the company, Jack Dorsey is known Bitcoin enthusiast and he has disclosed severally that he wants cryptocurrency to be a part of the company’s future.

Read also: 14-year-old Makes N77 Million From Bitcoin

In September, the social media company introduced a tool that will allow users to send tips to content creators via Bitcoin. In addition to that, it was disclosed that it was creating a feature to verify non-fungible tokens (NFTs).

Twitter suspension

Twitter is not the only company showing interest in cryptocurrency, Reddit and Discord have also hinted that they are set to embrace the digital assets.

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