Social media giant Twitter (NYSE:TWTR) is forging into the cryptocurrency and blockchain arenas, potentially the latest sign that major companies see long-term utility in these still-nascent concepts. San Francisco-based Twitter has previously floated crypto-related ideas, but the formation of Twitter Crypto is a meaningful expression of the company’s intent to become a blockchain/crypto player.
Twitter’s Crypto Ambitions Meaningful for This Internet ETF
Social media giant Twitter (NYSE:TWTR) is forging into the cryptocurrency and blockchain arenas, potentially the latest sign that major companies see long-term utility in these still-nascent concepts. San Francisco-based Twitter has previously floated crypto-related ideas, but the formation of Twitter Crypto is a meaningful expression of the company’s intent to become a blockchain/crypto player.