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Jack Dorsey's Crypto Finance App Cash App Plans to Launch Bitcoin Reserve Proof

2026-05-03 12:45

Odaily Planet Daily News: According to market sources, the crypto finance app platform Cash App, owned by billionaire Jack Dorsey, officially launched its Bitcoin reserve proof feature this week, verifying to over 60 million users that its Bitcoin holdings are fully backed by a 1:1 reserve. The market believes this move is an important step for the crypto industry in terms of transparency, user trust, and self-custody standards, and is also seen as a positive signal for the industry's long-term healthy development. (The Bitcoin Historian)