Jack Dorsey, Jay-Z set up Bitcoin endowment ₿Trust with focus on India, Africa SECTIONS Share Synopsis Twitter CEO Jack Dorsey's push for bitcoin development in India comes at a time when the Indian government is looking to introduce a national cryptocurrency. Reuters Twitter CEO Jack Dorsey . Twitter CEO Jack Dorsey is teaming up with American rapper and businessman Shawn Corey Carter, popularly known as Jay-Z, to set up ₿Trust, an endowment which will fund bitcoin development starting with India and Africa. Designed as a “blind, irrevocable trust", with a contribution of 500 Bitcoins from Dorsey and Carter, it will have no binding direction from either, the technology maven wrote in a post on the microblogging site on Friday.