Jay-Z Backed Btrust Acquires African Bitcoin Talent Firm Qala In Bid To Create African Bitcoin Infrastructure
Twitter co-founder Jack Dorsey and rapper Jay-Z hooked up in 2021 to create an endowment fund, Btrust. According to Afrotech, the fund was created to invest in the development of Bitcoin in Africa and India. Three of the four board members hail from Nigeria, reflecting the fund’s intended direction. In