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Benzinga
Benzinga
Business
AJ Fabino

Web3 Just Got Here — And Now Ex-Twitter Boss Jack Dorsey Introduces Web5

Jack Dorsey, co-founder of Twitter Inc (NYSE:TWTR) and the current CEO of Block Inc (NYSE:SQ), and his Bitcoin-focused TBD decentralized exchange team unveiled what they’re calling Web5.

What happened: TBD is a Block subsidiary with the purpose to "make it easy to construct non-custodial, permissionless and decentralized financial services" for Bitcoin (CRYPTO: BTC). TBD's Twitter account tweeted this on Friday morning.

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