Square changes its name to Block

Thursday 2 December 2021 11:59 CET | News

Square has announced it is renaming itself Block as it focuses on technologies such as blockchain and expands beyond its original credit card-reader business.

As part of the Square rebrand, Square Crypto, a separate part of the company dedicated to advancing Bitcoin, will change its name to Spiral.

According to an official statement, the name Block has many associated meanings for the company — building blocks, neighbourhood blocks and their local businesses, communities coming together at block parties full of music, a blockchain, a section of code, and obstacles to overcome.

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Keywords: Square, Bitcoin, blockchain, rebranding, credit card, cryptocurrency
Categories: DeFi & Crypto & Web3
Countries: United States
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DeFi & Crypto & Web3

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