AirBnB Exec Hints at How Rental Giant Could Use Blockchain
One of AirBnB’s co-founders has indicated that the popular renting service is interested in potential blockchain applications that could improve user trust. The comments were issued by co-founder and CTO Nathan Blecharczyk in a recent interview in which he discussed the company's plans for 2016. City AM writer Harriet Green said that the conversation eventually turned to blockchain tech, and that Blecharczyk suggested it could factor into the ways in which the service could enhance the trust mechanisms that enable its service. "We're looking for all different kinds of signals to tell....
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Home-rental and accommodations giant Airbnb has “acqui-hired” a number of engineers from the development team at ChangeCoin, the startup behind popular bitcoin micropayments service ChangeTip. An undisclosed number of employees at ChangeCoin, the company behind bitcoin tipping service ChangeTip, have been hired by home-rental startup Airbnb. The deal was first reported by Quartz, who cite four sources close to the deal who revealed that the accommodations provider, now worth $16 billion, has been studying bitcoin and blockchain startups for a while now. It has been rumored that Airbnb has....
FTX exchange has listed an Airbnb derivatives product ahead of the home rental giant's initial public offering today.
The giant online rental marketplace based in San Francisco, Airbnb is considering supporting cryptocurrencies and blockchain technology. The news stems from the company’s initial public offering (IPO) prospectus with the U.S. Securities and Exchange Commission (SEC). Airbnb’s filing notes that future success will be dependent on adapting to new technologies such as tokenization and cryptocurrencies. The travel industry has been one of the hardest-hit sectors in the economy after the coronavirus outbreak shook the world. In a recent filing with the SEC, Airbnb has filed a....
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....
Aside from MicroStrategy raising $650 million for Bitcoin this past week, one of the biggest news on financial Twitter was the Airbnb IPO. After months and even years of anticipation, the global peer-to-peer rental service went public on the stock market. While this came in the middle of a pandemic when the firm’s profits are […]