Coinbase is taking a major step into the world of
decentralized fundraising. The crypto exchange has acquired Echo, an on-chain capital formation platform founded by crypto veteran Cobie, in a deal valued at
around $375 million.
Digital assets meet tradfi in London at the fmls25
Bringing Fundraising Fully Onchain
According to the exchange, the move strengthens its
push to create an end-to-end ecosystem for digital asset issuance, fundraising,
and secondary trading.
Echo helps startups raise funds directly from their
communities, either privately or through public token sales using its Sonar
platform. Since its launch, Echo has facilitated more than $200 million across
roughly 300 deals, reflecting growing interest in community-driven fundraising.
By integrating Echo’s technology, Coinbase aims to
simplify the fundraising process for crypto projects. Echo will reportedly
continue operating under its current brand, with Sonar’s public sale product
set to be integrated into Coinbase’s ecosystem.
The acquisition
Acquisition
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There
Read this Term also signals Coinbase’s ambitions
beyond crypto-native tokens. The company said it plans to extend Echo’s
infrastructure to support tokenized securities and real-world assets, paving
the way for broader participation in private and alternative markets.
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 pic.twitter.com/NCDF7t7B08
— Coinbase 🛡️ (@coinbase) October 21, 2025
The move aligns with Coinbase’s wider effort to build
a “full-stack” fundraising and trading solution. Combined with its earlier
purchase of Liquifi, which streamlines token creation and cap table management,
the Echo deal allows Coinbase to support projects from their earliest stages
through to trading and custody.
Strengthening Coinbase’s Market Position
The acquisition means access to community-focused capital-raising tools for startups. For investors, it opens new
opportunities to participate in early-stage offerings that were once limited to
private networks.
Echo’s addition to the Coinbase portfolio complements
the exchange
Exchange
An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
Read this Term’s existing strengths in trading, custody, and staking — creating
what the company describes as a unified, transparent, and globally accessible
capital market.
You may also like: Robinhood and Coinbase Face Disruptions as AWS Outage Hits Major Platforms
In the payments space, Google recently launched a new
protocol that enables AI applications to send and receive payments, including
stablecoins pegged to traditional currencies. The initiative is a part of a
broader collaboration involving Coinbase, the Ethereum Foundation, and more
than 60 other firms across the finance and technology sectors.
The platform introduces infrastructure for both
cryptocurrency and traditional payments, supporting credit cards, bank
transfers, and stablecoins. In addition to Coinbase, the initiative includes
participation from major companies such as Salesforce, American Express, and
Etsy, signaling broad industry support for combining AI technology with digital
payment capabilities.
Coinbase is taking a major step into the world of
decentralized fundraising. The crypto exchange has acquired Echo, an on-chain capital formation platform founded by crypto veteran Cobie, in a deal valued at
around $375 million.
Digital assets meet tradfi in London at the fmls25
Bringing Fundraising Fully Onchain
According to the exchange, the move strengthens its
push to create an end-to-end ecosystem for digital asset issuance, fundraising,
and secondary trading.
Echo helps startups raise funds directly from their
communities, either privately or through public token sales using its Sonar
platform. Since its launch, Echo has facilitated more than $200 million across
roughly 300 deals, reflecting growing interest in community-driven fundraising.
By integrating Echo’s technology, Coinbase aims to
simplify the fundraising process for crypto projects. Echo will reportedly
continue operating under its current brand, with Sonar’s public sale product
set to be integrated into Coinbase’s ecosystem.
The acquisition
Acquisition
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There
Read this Term also signals Coinbase’s ambitions
beyond crypto-native tokens. The company said it plans to extend Echo’s
infrastructure to support tokenized securities and real-world assets, paving
the way for broader participation in private and alternative markets.
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 pic.twitter.com/NCDF7t7B08
— Coinbase 🛡️ (@coinbase) October 21, 2025
The move aligns with Coinbase’s wider effort to build
a “full-stack” fundraising and trading solution. Combined with its earlier
purchase of Liquifi, which streamlines token creation and cap table management,
the Echo deal allows Coinbase to support projects from their earliest stages
through to trading and custody.
Strengthening Coinbase’s Market Position
The acquisition means access to community-focused capital-raising tools for startups. For investors, it opens new
opportunities to participate in early-stage offerings that were once limited to
private networks.
Echo’s addition to the Coinbase portfolio complements
the exchange
Exchange
An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
Read this Term’s existing strengths in trading, custody, and staking — creating
what the company describes as a unified, transparent, and globally accessible
capital market.
You may also like: Robinhood and Coinbase Face Disruptions as AWS Outage Hits Major Platforms
In the payments space, Google recently launched a new
protocol that enables AI applications to send and receive payments, including
stablecoins pegged to traditional currencies. The initiative is a part of a
broader collaboration involving Coinbase, the Ethereum Foundation, and more
than 60 other firms across the finance and technology sectors.
The platform introduces infrastructure for both
cryptocurrency and traditional payments, supporting credit cards, bank
transfers, and stablecoins. In addition to Coinbase, the initiative includes
participation from major companies such as Salesforce, American Express, and
Etsy, signaling broad industry support for combining AI technology with digital
payment capabilities.
