Jack Dorsey is both Square’s CEO and Twitter’s founder. He’s a big fan of cryptocurrency, so Square won’t stop pushing for a hardware wallet. The company is instead creating a new business to complement existing units like Tidal or Cash App.

It is “focused to building an open platform for developers with the sole purpose of making it simple to create non-custodial and permissionless financial services.”

What does this mean? What does that mean? Square spokesperson declined to comment when The Verge contacted them.

We know a lot from Mike Brock, the new leader of the unit, who confidently tweeted several names of TBD founders and said he was “super excited” to return to open source.

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Additional updates should be made via Twitter and GitHub accounts. However, it is unknown when these updates will be available.