Jay Z and Jack Dorsey are out here doing big things.
The two moguls are teaming up to launch a Bitcoin fund in Africa and India for $24 million. Dorsey, the CEO of Twitter, tweeted out that he and Jay are putting 500 Bitcoin into a new endowment named “Btrust”
According to Dorsey, the fund will set up as a blind trust with zero direction. He is currently looking for three board members to join and help oversee the trust.
JAY-Z/@S_C_ and I are giving 500 BTC to a new endowment named ₿trust to fund #Bitcoin development, initially focused on teams in Africa & India. It‘ll be set up as a blind irrevocable trust, taking zero direction from us. We need 3 board members to start: https://t.co/L4mRBryMJe
— jack (@jack) February 12, 2021
Thoughts on this?
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