Echo Acquired by Coinbase in $375 Million Deal

According to relevant media reports, cryptocurrency angel investment platform Echo was acquired by Coinbase for $375 million on October 21, 2025. The acquirer in this transaction is Coinbase.Echo is an angel investment platform specifically designed for cryptocurrency investors, allowing users to form investment groups and collectively invest in crypto projects. Through its unique group investment model, the platform lowers the participation threshold for individual investors, enabling more users to access high-quality crypto investment opportunities.According to the latest information, Coinbase co-founder Cobie has confirmed the acquisition and stated that Echo will continue to operate as an independent platform, maintaining its current service model and user experience. This demonstrates Coinbase’s recognition of Echo’s unique value and growth potential in the crypto investment sector.Previously, Echo was active in the crypto community. On October 16, 2025, Echo announced that users who had invested through the platform would receive a Monad token airdrop reward. Earlier this year, the platform launched a Commitment Request Sale feature (June 21, 2025) and the Sonar token sale infrastructure tool (May 27, 2025), continuously enhancing and expanding its functional offerings.This acquisition by Coinbase marks mainstream recognition of Echo’s innovative model in the crypto investment space and further advances the development and refinement of the crypto angel investment ecosystem.