Coinbase has acquired Echo, a blockchain platform, for around $375 million as a strategic step to increase on-chain financing solutions. The acquisition, announced on October 21, 2025, is part of Coinbase’s larger effort to consolidate its place in the fast-growing crypto space.
Coinbase Echo Acquisition Details
The funding is a mix of equity and cash, demonstrating Coinbase’s confidence in Echo’s future. Jordan Fish, also known as Cobie, founded Echo. It allows blockchain networks to raise money securely and directly for crypto businesses. Echo has raised over $51 million in capital across 131 deals, including Ethena’s first fundraising for its USDe synthetic dollar protocol, since its founding in April 2024.
Improving On-Chain Fundraising
The technology from Echo will be utilized towards offering solid fundraising solutions specifically designed for startups as well as mid-to-large-sized companies operating in the crypto space. Coinbase executives have pointed out the importance of the acquisition as a landmark step towards their efforts to offer innovative capital solutions for crypto companies. The action also speaks about increasing demand for on-chain, permissionless capital solutions.
Strategic Growth in Crypto Markets
The deal is one of the steps in Coinbase’s larger play to deepen its presence in major international markets. Coinbase made a big investment last week, acquiring a strategic stake in CoinDCX, India’s largest crypto exchange.
The company is also on the verge of signing an agreement to buy stablecoin startup BVNK in a deal that is valued between $1.5 billion and $2.5 billion. Those are steps that reflect Coinbase’s push to access growth potential in both emerging and established crypto markets.
Echo’s acquisition also goes with the resurgence of public token sales on platforms such as Sonar, which focuses on fundraising models with community-driven. With more of Echo’s products integrated into Coinbase, it expects to further encourage community involvement in funding projects, connecting with ease between founders and investors.
Substantively, the Coinbase Echo acquisition is a milestone move toward building the company’s presence in the market of crypto fundraising. Through the use of Echo’s feature set, Coinbase will look to disrupt and democratize the blockchain investment opportunities.
