Btrust, a non-profit focused on decentralizing Bitcoin open-source development, appointed a new Board of Directors after a global open call and multi-stage selection. Janet Maingi, Bruno Garcia, and Laurence Aderemi assumed full governance responsibilities, guided by Genesis Principles emphasizing transparency, fairness, and mission alignment. The transition fulfills Btrust’s 2021 mandate, funded by a 500 BTC endowment from Jack Dorsey and Jay-Z intended to support Bitcoin development across Africa and India, with both stepping back from governance. An inaugural board previously built operational and financial foundations and enabled a structured handover. A multi-week transition ending April 30, 2026 included budget reviews, documentation consolidation, and an independent audit to reinforce accountability.
"Btrust, the non-profit organization dedicated to decentralizing Bitcoin open-source development, has announced the appointment of a new Board of Directors, marking the completion of a landmark governance transition and the launch of the organization's next strategic chapter."
"Following a global, open call and a rigorous, multi-stage selection process, Janet Maingi, Bruno Garcia, and Laurence Aderemi have assumed full governance responsibilities, the organization told Bitcoin Magazine. The selection was guided by Btrust's Genesis Principles, which prioritize transparency, fairness, and mission alignment - values that have anchored the organization since its founding."
"The transition fulfills the original mandate set in 2021, when Btrust was established with a 500 BTC endowment from Twitter co-founder Jack Dorsey and rapper Jay-Z - a donation valued at approximately $24.5 million at the time of announcement. The gift was intended to fund Bitcoin development across Africa and India, with Dorsey and Jay-Z deliberately stepping back from governance to allow an independent board full decision-making authority."
"Over a multi-week transition period that concluded April 30, 2026, the incoming and outgoing boards collaborated closely to ensure continuity across governance, financial oversight, and operations. The handover included budget reviews, documentation consolidation, and the initiation of an independent audit designed to reinforce accountability."
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