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Square Crypto, a crypto-focused department of the fintech startup Square, Inc., has hired the Co-Founder of Blockstream.

Square, Inc. is a financial services, merchant services aggregator, and mobile payment company that was founded in 2009 by Jack Dorsey and Jim McKelvey.

It is expected that Matt Corallo would be responsible for open-source Bitcoin projects under control from Square Crypto.

Corallo is known as Co-Founder of Blockstream, a blockchain technology company. Previously Blockstream rolled out two mining facilities and a pool.

Moreover, Corallo has actively contributed to Bitcoin Core and its testing infrastructure.

"Matt will play a vital role at Square Crypto, much as he did at Chaincode Labs, providing valuable experience of Bitcoin engineering within the team and broader ecosystem of new devs," wrote Square Crypto on Twitter.

Earlier iHodl reported that South Korean tech giant Samsung added bitcoin support to Blockchain Keystore, its online store for decentralized applications (dApps).

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