Twitter Creates Crypto Team Twitter's new team will explore how it can support creators' growing interest in decentralization.

By Emily Rella

Opinions expressed by Entrepreneur contributors are their own.

SOPA Images | Getty Images

Twitter will be launching a new team that focuses on cryptocurrency.

On Wednesday, engineer Tess Rinearson tweeted she'd joined the social media company "to lead a new team focused on crypto, blockchains, and other decentralized technologies--including and going beyond cryptocurrencies."

She added, "As I build out the team, we'll be working to figure out what crypto can do for Twitter, as well as what Twitter can do for crypto. Twitter truly "gets' crypto (hello bitcoin tipping & NFTs!) but there's so much more to explore here."

According to Rinearson, Twitter's new team will explore how it can support creators' growing interest in decentralization, then look at how crypto communities can impact "identity, community, ownership and more."

Twitter has been dabbling in the cryptocurrency world for some time. Founder and CEO Jack Dorsey's bio simply reads, "#bitcoin." In September, Twitter rolled out its "Tips" feature, allowing users to be tipped in bitcoin.

Emily Rella

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Starting a Business

Starting a Nonprofit Business

If you have a passion for a cause, starting a nonprofit could be for you.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Devices

The Last Pen You'll Ever Have to Buy — Never Run Out of Ink Again With the ForeverPen

The world's smallest inkless pen is durable, portable, and built to last.

Side Hustle

After This 26-Year-Old Got Hooked on ChatGPT, He Built a 'Simple' Side Hustle Around the Bot That Brings In $4,000 a Month

Dhanvin Siriam wanted to build something that made revenue from ChatGPT, and once he did, he says, "It just caught on."

Leadership

The End of Bureaucracy — How Leadership Must Evolve in the Age of Artificial Intelligence

What if bureaucracy, the very system designed to maintain order, is now the greatest obstacle to progress?

Business News

A New Hampshire City Was Named the Hottest Housing Market in the U.S. This Year. Here's the Top 10 for 2024.

Zillow released its annual lists featuring the top housing markets, small towns, coastal cities, and geographic regions. Here's a look at the top real estate markets and towns in 2024.