Coinbase is going full stack.
It has acquired Echo, a fast-growing onchain capital formation platform, for $375 million. Echo enables early-stage crypto projects to raise funds directly from their communities through both private and public token sales. Its flagship product, Sonar, allows self-hosted public launches that are fully onchain, transparent, and community-aligned. Since launch, Echo has facilitated over 300 deals and helped projects raise more than $200 million, all onchain.
