Jack Dorsey’s Square Building Bitcoin Hardware Wallet to Make Crypto Custody More Mainstream

Jack Dorsey’s Square Building Bitcoin Hardware Wallet to Make Crypto Custody More Mainstream


Jack Dorsey’s payments company, Square Inc., has confirmed that it is building a bitcoin hardware wallet and service with the aim to “make bitcoin custody more mainstream.”

Square’s Bitcoin Hardware Wallet in the Works

Square Inc. is building a hardware wallet, Jesse Dorogusker, the company’s hardware lead, announced Thursday on Twitter. He tweeted:

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We have decided to build a hardware wallet and service to make bitcoin custody more mainstream. We’ll continue to ask and answer questions in the open.

Square and Twitter CEO Jack Dorsey subsequently confirmed, tweeting: “We’re doing it.”

Dorogusker explained: “Our next step is to build a small, cross-functional team, which will be led by Max Guise (welcome back). We will incubate this full-stack of tech, design, product, manufacturing, and supply chain with Thomas Templeton & Square’s hardware team to start with a strong foundation.” The hardware lead elaborated:

We have a lot of questions and issues to reconcile and we’ll start with this product

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