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

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According to industry reports, cryptocurrency investment platform Echo was acquired by Coinbase for $375 million on October 21, 2025. Following the completion of the acquisition, Echo will continue to operate as an independent platform.Echo is a cryptocurrency angel investment platform that enables investors to form syndicates and collectively invest in crypto projects. The platform aims to lower barriers to entry for crypto investing, enhance investment efficiency, and create greater value for its users.Prior to the acquisition, Echo achieved several significant milestones. In May 2025, Echo launched Sonar, its token sale infrastructure, followed by the introduction of a commitment request sale feature in June. Notably, early users of the Echo platform are eligible to receive Monad airdrop rewards, underscoring the platform’s focus on user benefits.The acquisition by Coinbase marks a major milestone in Echo’s development. Prominent crypto industry figure Cobie has confirmed the deal and stated that Echo will maintain independent operations. This merger highlights the growing emphasis by established cryptocurrency exchanges on innovative investment tools and signals a trend toward increased professionalism and standardization within crypto investment infrastructure.

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MONAD fundraising-history
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M&Afundraising-$M--2025-10-20Coinbase
fundraising-key-milestones
  • 2025-10-21
    echo was acquired by Coinbase
  • 2025-10-21
    Cobie confirms acquisition and says Echo will continue to operate as a standalone platform
  • 2025-10-16
    Echo: Users who previously invested on the Echo platform will receive the Monad airdrop
  • 2025-06-21
    Echo Launches Commitment Request Sale
  • 2025-05-27
    Echo Launches Token Sale Infrastructure Sonar
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