Airbnb’s CEO congratulates Brian Armstrong, a former employee, on Coinbase’s growth


Following the NASDAQ listing of Coinbase stocks, Brian Chesky, the CEO and co-founder of Airbnb, congratulated Brian Armstrong, a former software developer who left the online home-rental marketplace to found Coinbase, a leading cryptocurrency exchange located in the United States.

In the cryptocurrency industry, Coinbase has become a household name. It’s one of the oldest exchanges, as well as the first crypto company to go public.

Armstrong makes Chesky “very happy,” he says.

Armstrong was one of the first software developers hired by Airbnb, but he only worked for them for a short time. In 2012, he left the San Francisco-based firm to co-found the crypto exchange with Fred Ehrsam, a former Goldman Sachs foreign exchange trader. Since its launch, Coinbase has seen massive growth in terms of users, trading volumes, and sales.

The exchange made history on Wednesday by becoming the first publicly traded cryptocurrency firm. Coinbase is currently valued at over 91 billion dollars, making it the world’s 170th largest corporation.

Following the exchange’s landmark stock market debut, the co-founder of Airbnb congratulated a former employee in an interview with CNBC on Friday.

“Brian actually is one of the original architects of our payment platform and our fraud detection system. So I’m really proud of what he’s doing,”

Chesky said.

Airbnb is intrigued by cryptocurrency.

Cryptocurrencies are also of interest to the online home-rental marketplace. Chesky praised Bitcoin and stated that the organization is making plans for cryptocurrency adoption. Right now, I don’t “have anything to announce right now. But I can tell you that we’ve been certainly looking at this,” he said.


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