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Blockstream co-founder Matt Corallo joins Square Crypto

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Blockstream co-founder Matt Corallo joins Square Crypto
Credit: everyaustraliancounts.com.au

In an ongoing race to ensure sustainability, crypto businesses are hiring the best brains in the crypto market. In this light, Blockstream co-founder Matt Corallo recently joined Square Crypto, the crypto arm of payments company Square. The information was made public through an official tweet from Square Crypto, which read,

“BIG NEWS: Please welcome @TheBlueMatt to Square Crypto. Woo! THINGS ARE HEATING UP EVERYBODY GET IN HERE LET’S PARTY 🌀🔥🌀🔥🌀🔥

*A lone figure watches from afar, their haunched shape a dark smudge against the gathering gray sky… Gary?*”

Corallo is expected to leverage his experience as a bitcoin dev in Bitcoinj, FIBRE, BetterHash, Rust-Lightning, and will be work on open-source Bitcoin projects for the company. Moreover, Square Crypto mentioned his background as “the best imaginable foundation for our goal of accelerating bitcoin adoption on a massive scale.” As a matter of fact, Corallo also shared similar enthusiasm about the development through a follow up tweet,

“So excited to be joining the @sqcrypto team over the coming weeks. Experimenting with different models to accelerate Bitcoin OSS is awesome!”

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Chayanika is a full-time cryptocurrency journalist at AMBCrypto. A graduate in Political Science and Journalism, her writing is centered around regulation and policy-making regarding the cryptocurrency sector.