{"id":8514,"date":"2025-10-21T13:49:43","date_gmt":"2025-10-21T12:49:43","guid":{"rendered":"https:\/\/kriptodnevnik.com\/?p=8514"},"modified":"2025-10-21T13:49:43","modified_gmt":"2025-10-21T12:49:43","slug":"coinbase-acquires-echo-for-375m","status":"publish","type":"post","link":"https:\/\/sputnet.com.ng\/dnevnik\/2025\/10\/21\/coinbase-acquires-echo-for-375m\/","title":{"rendered":"Coinbase Acquires Echo for $375M"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Major US cryptocurrency exchange <strong>Coinbase<\/strong> has announced the acquisition of the community crowdfunding platform <strong>Echo<\/strong> in a deal valued at approximately <strong>$375 million<\/strong>. Echo, founded by crypto trader <strong>Jordan Fish<\/strong> (known as <strong>Cobie<\/strong>), allows communities to invest collectively in early-stage crypto projects and startups.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">when i started building echo 2 years ago, i knew it had 95% chance of failing. to be honest, i couldnt really imagine any other outcome, but i thought at least it may be a noble failure worth attempting.<br><br>i certainly didn&#39;t think echo would be sold to coinbase, but, here we are:\u2026<\/p>&mdash; Cobie (@cobie) <a href=\"https:\/\/x.com\/cobie\/status\/1980579379244855384?ref_src=twsrc%5Etfw\">October 21, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The acquisition comes less than two years after Echo\u2019s launch. The platform has already facilitated over 130 deals, including one for the synthetic dollar protocol <strong>Ethena<\/strong>. Cobie stated that Echo will remain a &#8220;standalone platform for now,&#8221; but its product <strong>Sonar<\/strong>\u2014which enables founders to host their own public token sales\u2014will be integrated into Coinbase.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Coinbase has acquired <a href=\"https:\/\/x.com\/echodotxyz?ref_src=twsrc%5Etfw\">@echodotxyz<\/a>.<br><br>Onchain capital formation is a vital and unique part of the crypto ecosystem. Excited to be adding Echo and Sonar to Coinbase to give our customers new token access opportunities. <a href=\"https:\/\/t.co\/3XIjxMu8cW\">pic.twitter.com\/3XIjxMu8cW<\/a><\/p>&mdash; Brian Armstrong (@brian_armstrong) <a href=\"https:\/\/x.com\/brian_armstrong\/status\/1980578211131199789?ref_src=twsrc%5Etfw\">October 21, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">This move is seen as a growing endorsement of <strong>community fundraising<\/strong>, reminiscent of the <strong>Initial Coin Offering (ICO)<\/strong> boom of 2017. Coinbase intends to use Echo&#8217;s tools to enable greater direct community participation in funding projects <em>on-chain<\/em>, with future plans to expand support to include <strong>tokenized securities and real-world assets<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major US cryptocurrency exchange Coinbase has announced the acquisition of the community crowdfunding platform Echo in a deal valued at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[32,18],"tags":[41],"class_list":["post-8514","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins-vijesti","category-news","tag-coinbase"],"_links":{"self":[{"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/posts\/8514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/comments?post=8514"}],"version-history":[{"count":0,"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/posts\/8514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/media\/8515"}],"wp:attachment":[{"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/media?parent=8514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/categories?post=8514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/tags?post=8514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}