Coinbase signs $375 million deal for crypto investment platform Echo
Echo has facilitated $200 million in crypto fundraising through about 300 deals since March 2024, helping Coinbase enhance capital formation and investor access onchain.
- Crypto exchange Coinbase has acquired Echo, a platform for crypto investment fundraising, in a $375 million cash-and-stock deal.
- Echo has helped crypto projects raise more than $200 million since its launch two years ago.
- Coinbase plans to expand Echo's platform to support tokenized securities and real-world assets, in addition to crypto token sales.
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Crypto execs meet with senators to push forward market structure legislation: CNBC Crypto World
On today's epsiode of CNBC Crypto World, bitcoin drops to the $108,000 level. Plus, Coinbase says the crypto exchange acquired the digital asset investment platform Echo for approximately $375 million. And, Sergey Nazarov, co-founder of Chainlink, shares what was discussed during meetings with senators on Capitol Hill about crypto regulation.
Coinbase acquires Echo in $375M deal to expand into crypto fundraising and tokenized securities
Coinbase is making another bold move to widen its reach beyond traditional crypto trading. The exchange announced Tuesday that it’s acquiring Echo, an investment platform founded by well-known trader Jordan Fish, better known in crypto circles as “Cobie.” The nearly […] The post Coinbase acquires Echo in $375M deal to expand into crypto fundraising and tokenized securities first appeared on Tech Startups.
Coinbase signs $375 million deal for crypto investment platform Echo
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.Read MoreThe post Coinbase signs $375 million deal for crypto investment platform Echo first appeared on The Who Dat Daily.
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