
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.