Coinbase has acquired Echo, a platform specialising in onchain capital raising, for about US$375 million in cash and stock.

The move aims to make fundraising and investing more accessible to the crypto community while streamlining the process for new projects.

Echo allows founders to raise capital directly from their communities through private sales or self-hosted public sales via its Sonar product.

Founded by Cobie, a crypto OG and advocate for community-driven investing, the platform has facilitated over US$200 million across 300 deals and powered token launches such as Plasma’s XPL sale.

Coinbase said the acquisition supports its goal of building a more transparent and inclusive onchain capital market.

It plans to start with crypto token sales via Sonar before expanding to tokenised securities and real-world assets.

The deal follows Coinbase’s purchase of Liquifi, a token management platform for early-stage teams.

Liquifi helps with token creation and cap table management, while Echo extends support into fundraising.

Together, they strengthen Coinbase’s full-stack offering, which includes exchange listings, custody, staking, trading, and financing.

By integrating Echo’s infrastructure, Coinbase aims to give startups easier access to capital and offer investors early opportunities previously limited to institutions.

Featured image: Edited by Fintech News Singapore, based on image by thanyakij-12 via Freepik