Microsoft has a downloadable open source tool for developers, Windows Terminal 1.5 in Preview version, with many new features.
Windows Terminal 1.5 is now available in Preview version and 1.4 is being withdrawn. This update brings a ton of new features, including full hyperlink support.
Major additions to Windows Terminal 1.5 include full hyperlink support, a new desktop wallpaper background setting, animation off option, emoji profile icon support, boot focus mode, root menu back button, window zoom and more. You can read from here a full analysis of what's new, according to the release notes.