Twitter CEO. Jack Dorsey, made a direct investment in a fledgling cryptocurrency company as part of its latest funding round.
Dorsey, who proudly supports Bitcoin (BTC), threw in an undisclosed amount in token sales startup CoinList. This is reported by the Wall Street Journal .
CoinList serves as a platform for other startups to raise capital via tools such as token sales, airdrops and hackathons.
The company raised a total of $10 million in the last round and now seeks to enter the exchange sector, with launching a wallet.
The Wall Street Journal quoted Dorsey as saying: “Crypto needs a trustworthy platform for launching new projects. CoinList leads the industry in that role, and trading is a logical next step,” We hope that the Coinlist Crypto Exchange will make its positive marks in the cryptocurrency exchange industry.