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

According to media reports, cryptocurrency investment platform Echo was acquired by global crypto exchange Coinbase on October 21, 2025, for $375 million. This acquisition marks a significant step for Coinbase in strengthening its investment ecosystem.Echo is an angel investment platform tailored for crypto investors, dedicated to providing opportunities for collective investment in crypto projects through team collaboration. The platform brings together numerous investors, lowering individual investment thresholds and improving efficiency through joint participation. Following the acquisition by Coinbase, Echo will continue to operate as an independent platform, delivering high-quality investment services to its users.Prior to this acquisition, Echo had completed a series of important business expansions. In May 2025, the platform launched Sonar, a token sale infrastructure offering project teams more convenient fundraising tools. In June, Echo introduced the Commitment Request Sale feature, further enhancing the investment process. Additionally, Echo users qualified for the Monad airdrop, increasing the platform's appeal and value to investors.Coinbase’s acquisition of Echo underscores the importance mainstream exchanges place on building a comprehensive investment ecosystem. By integrating Echo’s investment platform capabilities, Coinbase is positioned to offer users end-to-end services from trading to investing, further solidifying its leadership in the crypto finance sector.