April 18, 2016 Comments Off on Airbnb acquires ChangeCoin
ChangeCoin, the startup that allows people to give and receive tips using bitcoin, has been acquired by Airbnb. The terms of the deal was not disclosed. Founded in San Francisco in 2014, ChangeCoin is a micropayment infrastructure for the Internet. Its first product, ChangeTip, allows people to tip each other using bitcoin via Twitter or Reddit. As part of the deal, Airbnb hired a number of ChangeCoin’s engineers. However, Airbnb did not acquire assets of intellectual property owned by the startup. This indicates the company is not about to incorporate bitcoin transactions in to its payment system.
You can read about the acquisition here.
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