Funds agency Sq. has employed former Google director Steve Lee as the first member of its new crypto group.
A Sq. Twitter account teased the news Wednesday afternoon with out specifying what Lee’s perform on the agency might be. A spokesperson for Sq. declined to comment.
The maker of the bitcoin-friendly Cash app led by Twitter CEO Jack Dorsey announced it was hiring a crypto group in March. On the time, Dorsey acknowledged the model new roles might be focusing not on Sq.’s private industrial pursuits, nevertheless comparatively “on what’s best for the crypto community.”
Lee, who left Google in 2015 after eight years on the search large, has since turn into a Bitcoin Optech contributor. He’s moreover an angel investor who lists Lyft, Pinterest and Yardbarker as key exits.
Sq. generated $65.5 million in bitcoin-related earnings throughout the first quarter of 2019, its highest quarterly amount to this point.
Square Cash App image by means of Shutterstock