Echo Acquired by Coinbase for $375 Million on October 21, 2025

According to relevant media reports, cryptocurrency angel investment platform Echo was acquired by Coinbase for $375 million on October 21, 2025. This acquisition was executed by Coinbase and represents a significant strategic move in the crypto investment sector.Echo is a cryptocurrency angel investment platform dedicated to providing group investment solutions for crypto investors. Through this platform, investors can form investment groups to participate collectively in crypto project investments, thereby reducing individual investment risk and increasing investment efficiency. This model is innovative within the crypto investment space, bridging the gap between retail and institutional investors.Echo co-founder Cobie has confirmed that Echo will continue to operate as an independent platform following its acquisition by Coinbase, ensuring that the rights and interests of existing users and investors are preserved and extended. The acquisition reflects Coinbase’s focus on the crypto investment ecosystem and its recognition of the group investment model.Prior to this acquisition, Echo had achieved notable business progress. The platform previously distributed Monad airdrop rewards to users who had invested via Echo, further enhancing its attractiveness. Additionally, Echo launched token sale infrastructure Sonar and initiated Commitment Request Sale, demonstrating its capabilities in developing innovative fundraising tools.This acquisition marks a strategic initiative by Coinbase to expand its crypto investment services, facilitating easier participation for more investors in crypto project investments.