In July 2021, Square CEO Jack Dorsey announced the creation of a crypto and decentralized finance business arm named TBD, which is "focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services."
Less than a year later, TBD released a presentation detailing their vision for Web5: an extra decentralized web platform. Dorsey also took a shot at Web3 with the announcement, tweeting “RIP web3 VCs.” The document made waves online immediately, attracting responses from the likes of Marc Andreesen and Snoop Dogg.
2022 • N/A
TBD is the crypto and decentralized finance business arm of Square.
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