Page 3 - Square Crypto News Today

-Square Inc, the payments company led by Twitter Inc co-founder Jack Dorsey, said on Wednesday it was changing its name to Block Inc, as it looks to expand beyond its payment business and into new...

The company, which will keep the Square brand for its card readers, also supports music, cash transfers, Bitcoin trading and other financial services.

Square said the rebrand to Block will bring the payments firm together with Cash App, the decentralized Bitcoin exchange project tbDEX, music and video streaming platform Tidal, and its crypto-focused branch, now Spiral.

The billionaire’s bitcoin funding initiative Square Crypto has rebranded to Spiral and is aimed at “making bitcoin the planet’s preferred currency.”

Like Facebook, Square has outgrown its original focus, dealing with payment-processing systems for sellers, and now the company is rebranding as Block, in a nod to its ambitions in the world of blockchain.

Digital payments firm Square, which was co-founded and is still led by former Twitter chief Jack Dorsey, on Wednesday changed its corporate name to Block as it expands into cryptocurrency and other financial technology tools. The Square payments platform -- which was the companys sole offering when ..

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Digital payment firm Square headed by Jack Dorsey has announced that it will rebrand to “Block,” its official name starting on December 10. The compan

Digital payments firm Square Inc, which was cofounded and is led by former Twitter Inc chief executive officer Jack Dorsey, on Wednesday changed its corporate name to Block, as it expands into cryptocurrency and other financial technology tools. The Square payments platform — which was the company’s sole offering when it was founded in San Francisco by Jim McKelvey and Dorsey in 2009 — would keep its name, and the now-public company would continue to trade under the symbol “SQ.” Square...

The Square brand was built for the company’s seller business, we’re told, and the change “allows the seller business to own the Square brand it was built...