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Postmates founder Bastian Lehmann launches crypto startup

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According to native information outlet FinanceFWD, German entrepreneur Bastian Lehmann is making a transfer into the crypto trade with the creation of a brand new startup known as “TipTop Labs.” Although particulars surrounding the enterprise stay unknown, its web site states the agency seeks to offer “client finance options for an rising internet.” 

On its careers web page, it seems that TipTop Labs is hiring a blockchain engineer whose main obligations embody “Building protocol elements that combine throughout totally different blockchain methods,” and “main the design and structure of core protocols and tokens.” The agency has been registered within the State of Delaware since February. On Lehmann’s Linkedin web page, he states that he’s the present founding father of a “stealth startup.”

Lehmann based meals supply large Postmates in 2011. In December 2020, Uber acquired Postmates for $2.65 billion in an all-stock deal. By that point, Postmates had grown to cowl 80% of households within the U.S., with greater than 600,000 eating places listed on its platform for deliveries and take out.

Cointelegraph beforehand reported that the Chinese meals supply large Meituan Dianping is becoming a member of the nation’s central financial institution digital foreign money efforts. Across the world, Grubhub is enabling its customers to earn rewards in Bitcoin (BTC) as a part of its partnership with Lolli. Meanwhile, town of Liverpool has taken an curiosity in a blockchain-powered meals supply platform constructed on the Fuse blockchain.

At this cut-off date, it’s unclear if Lehman’s Tiptop Labs enterprise plans to combine crypto funds or options into the Postmates platform or if it’s a separate, stand-alone blockchain associated startup.