AirBnB Might Be Considering Crypto, IPO Filing Shows

AirBnB Might Be Considering Crypto, IPO Filing Shows

By Abhimanyu Krishnan | News | 18 Nov 2020


AirBnB is considering cryptocurrencies and tokenization features, according to an IPO filing submitted to the United States Securities Exchange Commission on Nov. 17.

  • The company said that its “future success will depend on our ability to adapt to emerging technologies such as tokenization, cryptocurrencies and new authentication technologies”
  • Blockchain technology and cryptocurrencies are one of the many technologies that the company mentioned as part of its bid to improve its service
  • The filing goes on to say that the company would pour resources into emerging technologies, though it could not guarantee successful implementation
  • AirBnB has some familiarity with the cryptocurrency market, having acquired the engineering team from crypto tipping service ChangeTip in 2016
  • The company plans to raise $3 billion in the IPO, with its 3rd quarter earnings surprisingly turning a profit during a pandemic-stricken year

Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


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