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₿trust: Twitter CEO Jack Dorsey, Jay-Z announces bitcoin fund

Twitter Co-founder and CEO Jack Dorsey, has partnered with rapper Jay-Z to launch a Bitcoin development fund ‘₿trust’.

Dorsey in his tweet on Friday said, “I and Jay-Z will be giving 500 BTC to a new endowment named ₿trust to fund Bitcoin development.”

“The fund will be focused on teams in Africa and India, and it will be set up as a blind irrevocable trust, by taking no direction from them,” he said.

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