This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Coinbase has purchased angel investment platform Echo for approximately $375 million in cash and stock with the intention of building fundraising tools for its users, the cryptocurrency exchange said Tuesday. Echo, which enables founders to raise funds directly from their community through either private sale or by self-hosting a public token sale, launched in March ...

Core Insights - Coinbase has acquired Echo to enhance capital market accessibility and efficiency for founders struggling to raise funds [1][2] - The integration of Echo's tools aims to democratize early-stage investing and improve community participation in fundraising [3][4] Group 1: Acquisition Details - The acquisition of Echo was announced on October 21, with Echo providing a platform for community investments and various options for founders' cap tables [2] - Echo has completed over 300 deals, raising more than $200 million, aligning with Coinbase's vision of democratizing early-stage investing [4] Group 2: Strategic Goals - Coinbase intends to leverage Echo's infrastructure to support tokenized securities and Real-world Assets (RWAs) in the future [4] - The acquisition strengthens Coinbase's position in the digital asset sector and supports its expansion into new jurisdictions [5] Group 3: Market Expansion - Coinbase has recently invested in CoinDCX, one of India's largest cryptocurrency exchanges, which has over 20 million users and an annualized revenue of approximately $141 million [6] - The investment in CoinDCX is part of Coinbase's strategy to expand its footprint in the global cryptocurrency market [5]

I had the privilege of attending a post-Q2 earnings call small group/roundtable with about 20 other CT people and Brian back in late July and while most asked questions about Coinbase <> AI (or AI agents) I asked Brian what they were going to do about ICOs having seen the recent success of things like PlasmaHe said they were thinking about it a lot and exploring options because they wanted to be able to provide access to their customers but hadn’t decided yet what the best route was.Looks like he figured it ...

(Reuters) -Crypto heavyweight Coinbase said on Tuesday it has bought investment platform Echo in a nearly $375 million cash-and-stock deal, aiming to bring fundraising tools to its platform. Dealmaking within the digital assets industry has picked up pace this year as a crypto-friendly Trump administration encourages companies to expand their business in the U.S. Last week, cryptocurrency exchange Kraken unveiled a $100 million deal for futures exchange Small Exchange, paving the way to launch a fully U. ...

收购ECHO然后base上ECHO公募？然和ECHO在公募私募市场全面起飞？Coinbase 🛡️ (@coinbase):Bringing back Up Only was just the warm up.We’ve acquired @echodotxyz, the leading onchain capital raising platform.→ Joining builders with community capital→ Giving investors access to new opportunities→ Growing economic freedom worldwide https://t.co/NCDF7t7B08 ...

Coinbase gave Cobie $375M USD.Coinbase has 100M users, so they could have given each of their users $3M USD instead and still had $75M left.Priorities ...

The crypto exchange just made its eighth acquisition of 2025. ...

@echodotxyz @coinbase The power of blockchain: onchain visibility.Fantastic for marketing and to grab attention!Mindshare vacuum 101https://t.co/JLNo5QgTCzs4mmy (@S4mmyEth):Coinbase buying a season of UpOnly for $25m is something I did not have on my bingo card.Bull market catalyst incoming? https://t.co/VJ9jubAcN4 ...

@echodotxyz Official @coinbase announcement:Coinbase is coming across plugged into OG crypto culture; solid acquisition IMO and well executed on the attention vacuum.https://t.co/CBlwQF1bnNecho (@echodotxyz):We started building Echo around 2 years ago in an attempt to try and change the market dynamics around crypto fundraising.Today, we're joining Coinbase, but the mission stays the same.We're gonna use the firepower of this behemoth to provide better opportunities to ...

Core Insights - Coinbase has acquired Echo for approximately $375 million, a startup focused on onchain capital formation [1] - Echo has facilitated over $200 million in fundraising across around 300 deals since its inception [1] - The acquisition aims to create a "full-stack" solution for crypto fundraising, enhancing access to capital for startups and investment opportunities for investors [2] Group 1 - Echo will continue to operate as a standalone platform initially, with plans to integrate its public sale product, Sonar, into Coinbase [3] - Coinbase intends to expand Echo's infrastructure to support tokenized securities and real-world assets in the future [3] - The acquisition complements Coinbase's previous purchase of the token management platform LiquiFi, and part of the acquisition cost includes a $25 million investment in reviving Cobie's UpOnly podcast [4]