Coinbase Buys Echo for $375 Million, Expands Into Tokenized Investments

Coinbase Buys Echo for $375 Million, Expands Into Tokenized Investments

Coinbase Global announced the acquisition of investment platform Echo in a deal worth approximately $375 million in cash and stock. Echo specializes in tokenized fundraising and has helped projects raise over $200 million through blockchain-based capital offerings.

The acquisition marks Coinbase’s deeper push into tokenized securities, real-world assets, and Web3 investment tools, extending the company’s reach far beyond its traditional exchange business. Industry analysts say this move could make Coinbase a dominant player in the emerging digital-asset fundraising ecosystem.