Square Hires Ex-Google Director as Initial Member of New Crypto Staff

Payments enterprise Square has employed former Google director Steve Lee as the initially member of its new crypto staff.

A Square Twitter account teased the information Wednesday afternoon with no specifying what Lee’s part at the enterprise would be. A spokesperson for Square declined to comment.

The maker of the bitcoin-welcoming Funds application led by Twitter CEO Jack Dorsey introduced it was hiring a crypto staff in March. At the time, Dorsey explained the new roles would be focusing not on Square’s very own professional interests, but fairly “on what’s greatest for the crypto community.”

Lee, who still left Google in 2015 soon after 8 a long time at the search big, has considering that come to be a Bitcoin Optech contributor. He’s also an angel investor who lists Lyft, Pinterest and Yardbarker as vital exits.

Square generated $65.5 million in bitcoin-linked revenue in the initially quarter of 2019, its greatest quarterly quantity to day.

Square Funds App graphic through Shutterstock