tldr; Coinbase has acquired Echo, an onchain fundraising platform, for $375 million to enhance early-stage crypto funding. Echo enables projects to raise funds directly from their community through private and public token sales using its Sonar product. Since its launch, Echo has facilitated over $200 million in fundraising across 300 deals. Coinbase plans to integrate Echo’s tools to expand token access opportunities and support tokenized securities and real-world assets over time, continuing its aggressive expansion strategy in the crypto ecosystem.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Got_Gasoline on
Booo coinbase
DryMyBottom on
the can acquire what they want, but it’s not use if they go offline for a AWS outage 😅
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tldr; Coinbase has acquired Echo, an onchain fundraising platform, for $375 million to enhance early-stage crypto funding. Echo enables projects to raise funds directly from their community through private and public token sales using its Sonar product. Since its launch, Echo has facilitated over $200 million in fundraising across 300 deals. Coinbase plans to integrate Echo’s tools to expand token access opportunities and support tokenized securities and real-world assets over time, continuing its aggressive expansion strategy in the crypto ecosystem.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Booo coinbase
the can acquire what they want, but it’s not use if they go offline for a AWS outage 😅