Coinbase Acquires Echo in a $375 Million Deal
Coinbase, the main US-based cryptocurrency alternate has acquired one of many extra fashionable platforms for crypto startups to lift capital – Echo. According to the official announcement, the deal was value roughly $375 million.
Coinbase Acquires Echo
Echo, based by one of the fashionable crypto personalities, going by the X nickname Cobie (actual title Jordan Fish), is a capital-raising platform that permits its customers to take part in early-stage crypto fundraising rounds.
According to the announcement:
Echo has already made strides in opening up non-public markets serving to initiatives increase $200M+ over ~300 accomplished offers since launch. Its new self-hosted public token sale product Sonar has additionally seen early success, serving to energy Plasma’s XPL token sale.
The deal was value roughly $375 million and it was comprised of a combine of money and inventory, topic to customary buy value changes.
Bringing again Up Only was simply the nice and cozy up.
We’ve acquired @echodotxyz, the main onchain capital elevating platform.
→ Joining builders with group capital
→ Giving traders entry to new alternatives
→ Growing financial freedom worldwide pic.twitter.com/NCDF7t7B08— Coinbase
(@coinbase) October 21, 2025
Commenting on the matter was additionally Cobie himself, who said:
We began constructing Echo round 2 years in the past in an try to try to change the market dynamics round crypto fundraising. Today, we’re becoming a member of Coinbase, however the mission stays the identical. We’re gonna use the firepower of this behemoth to supply higher alternatives to traders and higher fundraising choices to founders. Just getting began. Cheers.
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