Home International Reactions as Twitter’s CEO, Jack Dorsey appoints three Nigerians to head Bitcoin Trust fund with Jay-Z

Reactions as Twitter’s CEO, Jack Dorsey appoints three Nigerians to head Bitcoin Trust fund with Jay-Z

by Nwani Chisom
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Oyogist has learned that ex. twitter CEO, Jack Dorsey, has appointed three Nigerians alongside one South African to head his Bitcoin Trust (BTrust) fund which will be disbursed for development of projects across Africa and India.

Earlier in February, Jack Dorsey had announced a BTrust in collaboration with American rapper Jay-Z.BTrust is a fund with 500 BTC capital base worth N10,014,265,775.40 ($24,426,230), when pegged to late Monday’s market price $48,815.35, and will be managed by four Africans, without oversight from Dorsey or Jay Z.

In a statement shared on Twitter on Wednesday, Dec. 15, Dorsey revealed the identities of the BTrust board, three of whom are Nigerians; Abubakar Nur Khalil, Obi Nwosu, Ojoma Ochai, and South African, Carla Kirk-Cohen.

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