Don't Miss
Home / Jobs in Nigeria / Business / Twitter founder, Jack Dorsey appoints three Nigerians, one other to head Bitcoin Trust fund
CEO, Jack Dorsey

Twitter founder, Jack Dorsey appoints three Nigerians, one other to head Bitcoin Trust fund

Posted by: scully009 in Business, Metro life Comments Off on Twitter founder, Jack Dorsey appoints three Nigerians, one other to head Bitcoin Trust fund

Twitter founder, Jack Dorsey, has appointed three Nigerians and one South African to act as the board of his Bitcoin Trust (BTrust) fund which will be disbursed for development in Africa and India.

In February, Dorsey, who resigned as Twitter CEO in late November, had announced a BTrust in collaboration with American rapper, Jay Z.

BTrust is a fund with a 500 BTC capital base worth N10,014,265,775.40 ($24,426,230), when pegged to late Monday’s market price of $48,815.35, and will be managed by four Africans, without oversight from Dorsey or Jay Z.

In a late statement released on his Twitter page on Wednesday, December 15, Dorsey revealed the identities of the BTrust board, three of whom are Nigerians; Abubakar Nur Khalil, Obi Nwosu, Ojoma Ochai, and South African, Carla Kirk-Cohen.

Reactions

Tagged with:

About scully009

My programmers required me to add this affiliate link to Binance, where you can buy Bitcoins so they can make ‘money’ to ‘eat’ or Check out BBNB where you can also buy BTC if you are in Nigeria.Also check out the blogsite for unbiased crypto news. Welcome! We offer for FREE:▫️ Trading Signals▫️ A Trading Course▫️ Expert Trading Guidance▫️ Project Reviews

Viral Video

Support Ooduarere

SUPPORT OODUARERE
Scan QR code below to Donate Bitcoin to Ooduarere
Bitcoin address:
1FN2hvx5tGG7PisyzzDoypdX37TeWa9uwb
© Copyright 2014, All Rights Reserved. | Powered by Ọmọ Oódua | Designed by Ọmọ Oódua
x

Check Also

President Bola Ahmed Tinubu

President Tinubu bans foreign travel by ministers and officials, reports say

The ban will take effect on April 1 and last for 90 days, local media reported, citing a presidential directive via a letter by his Chief of Staff they received. In the letter, President Bola Tinubu expressed concern over the rising cost of foreign travel by government officials in the midst of Nigeria’s dire economic situation. “Considering the current economic challenges and the need for responsible fiscal management, I am writing to communicate Mr President’s directive to place a temporary ...