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Airbnb May Embrace Cryptocurrency And Blockchain Technology In Future

Mary Liu

Summary: Airbnb, a well-known global short-term housing rental platform may consider using crypto and blockchain technology. The initial public offering (IPO) prospectus submitted to the US Securities and Exchange Commission on November 16 shows: "future success will...depend on our ability to adapt to emerging technologies such as tokenization, cryptocurrencies, [and] new authentication technologies." It also listed ...

Airbnb, a well-known global short-term housing rental platform may consider using crypto and blockchain technology. The initial public offering (IPO) prospectus submitted to the US Securities and Exchange Commission on November 16 shows: "future success will...depend on our ability to adapt to emerging technologies such as tokenization, cryptocurrencies, [and] new authentication technologies." It also listed distributed ledger and blockchain technology, as well as biometrics, artificial intelligence, VR, and cloud technology as the key to its future success. 

Airbnb plans to be listed on the Nasdaq Global Select Market under the ticker symbol "ABNB". Reuters previously reported that Airbnb plans to raise approximately $3 billion through the offering, valuing the company at over $30 billion.

By Mary Liu

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