Twitter is launching a dedicated crypto team

What

Twitter sets up crypto team to explore decentralised apps

Why

This marks the latest push by chief executive Jack Dorsey to embrace digital assets and decentralised apps and the ballooning communities around them.

What next

Tess Rinearson will lead efforts to build the platform’s blockchain offerings

Twitter has hired Tess Rinearson to lead the new Twitter Crypto team and “set the strategy for the future of crypto at (and on) Twitter”.

Jack Dorsey, co-founder and CEO of Twitter and a renowned bitcoin enthusiast, has long said he wants to integrate digital assets into Twitter’s future, after successfully introducing bitcoin support to the payments company Square that he also runs, two years ago.

In September, Twitter said it was introducing a new tool that will allow users to send tips to others for their content using bitcoin. It also said it was creating a feature for verifying non-fungible tokens (NFTs), digital collectibles that have exploded in popularity this year and that some Twitter users use as their profile pictures.

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