Echo Acquired by Coinbase on October 21, 2025 in a $375 Million Deal

According to media reports, crypto angel investment platform Echo was acquired by the global leading cryptocurrency exchange Coinbase on October 21, 2025, in a transaction valued at $375 million.Echo is an angel investment platform designed for crypto investors, allowing them to form groups for collective investment and jointly participate in crypto project financing. Through its innovative crowd-investing model, the platform enables more investors to access high-quality project investment opportunities and lowers the barrier to entry.Following the completion of this acquisition, Coinbase has officially confirmed that Echo will continue to operate as an independent platform, maintaining its unique products and services. This move demonstrates Coinbase’s confidence in Echo’s innovative model and growth potential within the crypto investment sector.Prior to this acquisition, Echo had achieved significant development milestones. In May of this year, Echo launched Sonar, a token sale infrastructure providing new fundraising tools for project teams. In June, the platform initiated its commitment request sale service. On October 16, Echo users obtained Monad airdrop eligibility, further enhancing the platform’s value. The acquisition by Coinbase will further strengthen Echo’s position within the crypto investment ecosystem and provide users with more innovative investment opportunities and services.