Sometimes when you look beyond a headline you discover some interesting relationships that may not be obvious initially.
Jack Dorsey, CEO of Twitter, also co-founded Square who offer payment services for small businesses and mobile payments solutions. Square Payments in 2017 invested $25m into Eventbrite, which itself did an IPO last year. Square are now hiring crypto engineers. Jack Dorsey’s co-founder at Square is Jim McKelevy, who is, incidentally, an independent director of the St Louis Federal reserve.
Meanwhile,Jack Dorsey is increasingly vocal about his support and interest in Digital Assets, admitting to buying $10,000 of Bitcoin a week, and believes that we are not far from seeing mass adoption of Cryptocurrencies by the public.
So it is not too big a leap to see Twitter and possibly Eventbrite in the not too distant future both licensing, using, being involved in Square’s Crypto payment offering - and follow Facebooks foray into Digital Assets?
More evidence of West Coast US firms looking to target the lucrative banking and financial services world that east coast American companies have dominated for decades?
Jack Dorsey, CEO of Twitter, also co-founded Square who offer payment services for small businesses and mobile payments solutions. Square Payments in 2017 invested $25m into Eventbrite, which itself did an IPO last year. Square are now hiring crypto engineers. Jack Dorsey’s co-founder at Square is Jim McKelevy, who is, incidentally, an independent director of the St Louis Federal reserve.
Meanwhile,Jack Dorsey is increasingly vocal about his support and interest in Digital Assets, admitting to buying $10,000 of Bitcoin a week, and believes that we are not far from seeing mass adoption of Cryptocurrencies by the public.
So it is not too big a leap to see Twitter and possibly Eventbrite in the not too distant future both licensing, using, being involved in Square’s Crypto payment offering - and follow Facebooks foray into Digital Assets?
More evidence of West Coast US firms looking to target the lucrative banking and financial services world that east coast American companies have dominated for decades?