🚨 🚨 1,622,960 #LINK (28,924,917 USD) transferred from unknown wallet to #Coinbasehttps://t.co/QQS4RR5uay ...

Investment & Acquisition - Coinbase paid $400 million for Echo to control the entire pipeline from seed funding to exchange listing [1] Market Influence - Echo funding guarantees direct Coinbase listing access for backed projects [1] - Base ecosystem tokens are expected to experience significant repricing as builders recognize the liquidity benefits of Echo funding [1] Key Personnel - Cobie is now positioned to influence which tokens experience price increases [1]

RT Mippo 🟪 (@MikeIppolito_)Coinbase's acquisition of Echo makes an enormous amount of sense to me.For an exchange, a launchpad is "moving up the stack" to where coins are issued before they graduate to an exchange.If Echo is successful, there's a chance Coinbase could be the venue for dominant trading pairs that emerge from the launchpad.So for instance, let's say Echo launches "coinX" and it's the next Hyperliquid.They would be likelier than competing exchanges, like Binance, to be the dominant venue for t ...

This is not to say Echo won’t go token, but the acquisition by Coinbase suggests to me that this will come under the $BASE token if one were to be launchedOnce regulatory clarity arrives for tokens + equity then it’s likely we’ll see a whole new ICO season ...

🚨 🚨 🚨 447 #BTC (50,023,128 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/mXruQIhebH ...

Core Insights - Coinbase has acquired investment platform Echo for nearly $375 million in a cash-and-stock deal, aiming to enhance fundraising tools on its platform [2][3] - The digital assets industry is experiencing increased deal-making activity, supported by a crypto-friendly administration in the U.S. [2] - Echo's platform facilitates capital raising and investment for the crypto community through private and public token sales [3][4] Company Developments - Coinbase plans to initially focus on crypto token sales via Echo's Sonar platform, with future plans to support tokenized securities and real-world assets [4] - Echo, founded by crypto trader Jordan Fish (known as "Cobie"), has assisted crypto projects in raising over $200 million since its inception two years ago [4] - In May, Coinbase completed a $2.9 billion acquisition of crypto options provider Deribit, enhancing its derivatives portfolio and international presence [5] Industry Trends - The acquisition of Echo aligns with a broader trend of increasing mergers and acquisitions within the cryptocurrency sector as companies seek to expand their offerings [2][3] - Kraken's recent $100 million acquisition of Small Exchange indicates a growing interest in establishing U.S.-based derivatives platforms [3]

Core Insights - Coinbase has acquired Echo for $375 million, aiming to reshape fundraising for projects and potentially revive public token sales reminiscent of the ICO boom in 2017 [1][3] - The acquisition is intended to simplify fundraising processes for projects and provide retail investors with early investment opportunities [2][4] - Echo has raised over $200 million across more than 300 deals since its launch in 2024, indicating its effectiveness in the on-chain fundraising space [5] Company Strategy - Coinbase plans to integrate Echo's tools to facilitate on-chain capital raising, connecting projects directly with their communities [2][4] - The acquisition extends Coinbase's reach across the entire lifecycle of crypto ventures, from token creation to secondary market trading [5][6] - Echo will remain a standalone platform for now, while its Sonar product will be integrated into Coinbase's ecosystem [6] Market Context - Public token sales are experiencing a resurgence through new regulated platforms, countering the perception that they had become obsolete [3] - Echo's mission focuses on enabling community-based investments in early-stage crypto projects, which has garnered significant attention [7]

Core Insights - Coinbase has agreed to acquire cryptocurrency investing platform Echo for $375 million, marking a significant move in the company's acquisition strategy [1][2] - The acquisition is part of a broader trend of increasing regulatory friendliness towards digital assets, aiming to enhance capital market accessibility and efficiency [2][3] Acquisition Details - The deal was announced on October 21 and is the latest in a series of acquisitions by Coinbase, which includes the purchase of Liquifi and the $2.9 billion acquisition of Deribit [2][4] - Echo has facilitated over $200 million in fundraising through approximately 300 completed deals since its inception, indicating its effectiveness in the market [3] Strategic Goals - Coinbase aims to integrate Echo's tools to foster direct community participation in capital raising, starting with crypto token sales and eventually expanding to tokenized securities and real-world assets [3] - The acquisition aligns with Coinbase's goal to create more transparent capital markets and provide individual investors with opportunities to participate in private token sales [2][3] Future Plans - Coinbase is reportedly exploring further acquisitions, including a potential deal with BVNK, a London-based FinTech company specializing in stablecoin payment infrastructure, which could be valued between $1.5 billion and $2.5 billion [5] - The company is also collaborating with Samsung to integrate the Coinbase One membership program into the Samsung Wallet app, reflecting a shift towards more user-friendly crypto adoption models [5][6]

RT storm (@darkmarketio)coinbase built an $85b+ business in an industry that was condemned to fail, amongst a peer group of criminals, starting in 2012 when “crypto” wasn’t even a word that people understood.you don’t have to love everything they do, but it’s hard to deny they played a major role in legitimizing the asset class and gave millions of people their first on-ramp into crypto.the amount of determination and focus required to build coinbase, in spite of industry wide regulatory crackdowns and mine ...

🚨 🚨 🚨 499 #BTC (56,815,027 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/REkfNd1jzG ...