Crypto exchange lists Airbnb derivative contract ahead of IPO
Airbnb pre-IPO contracts are now available on FTX. FTX, a crypto derivatives exchange, has added Airbnb to its list of stock offerings on the eve of the online rental marketplace’s highly-anticipated IPO. As of late Tuesday, cryptocurrency traders can gain exposure to Airbnb through a pre-IPO derivatives contract directly on FTX. As a pre-IPO product, the performance of the contract is linked to the market capitalization of Airbnb at the end of its first trading day. FTX says these derivatives contracts "will automatically roll over to Fractional Stocks contracts" at the end of Airbnb's....
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FTX exchange has listed an Airbnb derivatives product ahead of the home rental giant's initial public offering today.
Airbnb has hired a team of engineers from CoinChange, a company that is responsible for ChangeTip. However, no venturing into Bitcoin or Blockchain is on the horizon. Airbnb spokesperson reveals to CoinTelegraphCT r: 33: "We are thrilled to bring some members of the ChangeTip team on as a part of Airbnb and joining the engineering team working on building our infrastructure. We are not acquiring the assets of the company, nor do we have any plans to incorporate BitcoinCT r: 8 into the Airbnb ecosystem.” Airbnb is a company whose business model has been subject to much debate. They....
Popular travel website Airbnb could soon accept cryptocurrencies for payments, CEO Brian Chesky has hinted. “Like the revolution in travel, there is clearly a revolution happening in crypto,” he added. Airbnb’s CEO Says ‘There Is Clearly a Revolution Happening in Crypto’ The CEO of Airbnb, Brian Chesky, asked on Twitter earlier this week, “If Airbnb could launch anything in 2022, what would it be?” On Tuesday, he revealed that he received 4,000 suggestions, noting that the most popular one is for his company to accept crypto payments. He....
Crypto Facilities Ltd., a London-based broker founded by former Goldman Sachs Executive Director Timo Schlaefer, has announced the launch of its bitcoin derivatives trading platform. In financial jargon, a derivative is a contract that derives its value from the performance of an underlying entity, in this case the exchange value of bitcoin. Crypto Facilities trades financial products such as bitcoin options and futures, allowing users to "go long" and bet that the price of bitcoin will rise, or "go short" and bet the price will fall. The first derivative offered by Crypto Facilities is a....
Decentralization of everyday aspects of our society is upon us, and as you would come to expect, government officials are not too keen on giving up their control and power. Airbnb is one of the most interesting projects in recent years, as it allows citizens to rent out their home for a short time to people looking for a place to stay. The idea of giving up your spare room(s) in exchange for a small amount of money, while being able to help someone in need, is exactly why Airbnb was created in the first place. Rather than continuing the trend of our selfish society, companies like Airbnb....