Coinbase Acquires Investment Platform Echo for $375 Million in Cash-and-Stock Deal

admin By admin 2025 年 10 月 21 日

**Coinbase to Acquire Echo in $375 Million Deal, Expanding Its Blockchain Capital Markets Reach**

Coinbase, one of the world’s largest cryptocurrency exchanges, has announced its plan to acquire Echo, a leading onchain investment platform, in a deal valued at approximately $375 million. This marks Coinbase’s eighth major acquisition of 2025.

The agreement will be completed through a mix of cash and Coinbase stock, further strengthening the exchange’s push into blockchain-native capital markets and early-stage token offerings.

### Integration of Echo’s Sonar Platform

According to a statement published Tuesday, Coinbase plans to integrate Echo’s flagship tool, Sonar, into its ecosystem. Sonar is a platform designed for self-hosted public token sales. It enables blockchain startups to raise funds directly from investors, making the process more transparent and accessible.

By integrating Echo, Coinbase aims to make fundraising more inclusive, efficient, and community-driven. Founders will have easier access to capital, while investors can participate in private or public token sales directly through blockchain technology, reducing barriers and eliminating middlemen.

### Echo’s Founder Confirms Acquisition

Jordan “Cobie” Fish, Echo’s founder and a well-known crypto trader, confirmed the acquisition on X (formerly Twitter), stating, “I definitely didn’t expect Echo to be sold to Coinbase, but here we are. The brand will stay independent for now.”

Since its launch, Echo has facilitated over $200 million in fundraising across more than 300 projects. The platform provides tools that simplify investment and growth for startups and communities alike.

### Looking Ahead: Expanding Coinbase’s Offerings

Coinbase plans to leverage Echo’s technology to go beyond traditional token sales, aiming to explore tokenized securities and real-world asset offerings in the near future.

This acquisition is part of Coinbase’s aggressive expansion strategy in 2025, following its earlier acquisitions of Deribit, LiquiFi, and an NFT asset connected to the UpOnly podcast brand.

By bringing Echo into its fold, Coinbase continues to cement its position as a leading innovator in the evolving world of blockchain finance.
https://coinpedia.org/news/coinbase-acquires-investment-platform-echo-for-375-million-in-cash-and-stock-deal/

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