The name change is meant to tie the company’s various finance and entertainment services such as CashApp, Tidal, and TBD. Square revealed that the plan to rebrand has been in motion for more than a year and only represents a change in name, nothing more. It will still maintain its reputation as an account for sellers and seller tools while Square Crypto will change to Spiral.
This is a major step for the company, which has been quite active in the crypto space. Square is also making a foray into the metaverse.
Jack Dorsey, CEO and co-founder of Square now Block said:
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Source: Cryptocurrency - investing.com
