Coinbase Acquires Echo for $375 Million: Expanding Investment Opportunities

Coinbase has made a strategic acquisition of Echo, a leading platform facilitating capital-raising for crypto startups, in a deal valued at approximately $375 million. Echo’s user-friendly platform empowers individuals to invest in early-stage cryptocurrency projects. Since its launch, it has facilitated over 300 deals, raising more than $200 million for startups. The acquisition marks Coinbase’s latest move towards expanding its investment opportunities within the booming crypto market.