X @Ansem

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 ...