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Jack Dorsey’s Block Launches Bitcoin Proof-of-Reserves

  • Posted on April 28, 2026
  • By Cointelegraph
  • 0 Views
  • 1 min read
In brief

Block, the financial services company founded by Jack Dorsey, has introduced a proof-of-reserves mechanism enabling transparency and accountability for its substantial Bitcoin holdings. This innovative feature allows both institutional investors and everyday users of Cash App and Square to independently verify the company's cryptocurrency assets and personal fund balances. The implementation represents a significant step toward building trust in digital asset management and demonstrates Block's commitment to blockchain transparency standards.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Jack Dorsey’s Block Launches Bitcoin Proof-of-Reserves
Jack Dorsey’s Block Launches Bitcoin Proof-of-Reserves

Jack Dorsey’s Block has launched a proof-of-reserves feature for investors to verify the firm’s 8,883 Bitcoin treasury, while Cash App and Square users can also use it to verify funds.
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Author
Cointelegraph

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