Square Wants in on the DeFi Boom

·3 min read
Square Wants in on the DeFi Boom

Square's (NYSE: SQ) interest in cryptocurrency just took a big step up. Decentralized finance, an industry that uses blockchain technology to replace centralized institutions like banks and exchanges, has grown significantly over the last couple of years. Dorsey and company think the industry is still in its early stages and that it presents a big growth opportunity for Square.