Echo is a platform where early-stage Web3 companies can raise capital directly. It has raised $200 million for over 300 projects since its launch last year.

How does the Coinbase-Echo acquisition benefit crypto entrepreneurs?

The acquisition allows crypto entrepreneurs to build their projects and access capital in the same place, as Coinbase now supports early-stage crypto projects throughout their lifecycles.

Why is Coinbase diversifying its revenue streams?

Coinbase's trading revenues can ebb and flow depending on the cryptocurrency market, so the company is making a multi-pronged effort to reduce its reliance on cryptocurrency trading revenue.

Home / Business and Economy / Coinbase Expands Crypto Funding Platform with $375M Echo Acquisition

Coinbase Expands Crypto Funding Platform with $375M Echo Acquisition

17 Nov

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Summary

Coinbase acquires Echo, a platform for Web3 companies to raise capital
Echo has raised $200M for over 300 projects since launching last year
Coinbase aims to reduce reliance on cryptocurrency trading revenue

Coinbase Expands Crypto Funding Platform with $375M Echo Acquisition

In November 2025, Coinbase (NASDAQ: COIN) has made a strategic move to diversify its revenue streams by acquiring Echo, a platform that allows early-stage Web3 companies to raise capital directly. The $375 million acquisition is Coinbase's eighth deal this year, as the company seeks to reduce its reliance on volatile cryptocurrency trading revenue.

Echo has been operating since last year and has already raised $200 million for over 300 projects. The platform utilizes blockchain smart contracts to handle the funds, check investor eligibility, and ensure compliance requirements are met. Coinbase plans to integrate Echo's Sonar product, a public platform where projects can host their own sales, into its product mix, while keeping Echo as a stand-alone offering.

The acquisition of Echo aligns with Coinbase's July 2025 acquisition of LiquiFi, a token distribution and vesting platform. Together, these deals allow Coinbase to support early-stage crypto projects throughout their lifecycles, from fundraising to token management. Crypto entrepreneurs can now build their projects and access capital in the same place, further strengthening Coinbase's position as a leading player in the Web3 ecosystem.

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