Coinbase has acquired Echo, the leading onchain capital raising platform, for approximately $375M [1]. Echo’s platform makes raising and investing more accessible to community members, either through a private Echo sale or a public sale that uses Sonar. „By joining forces, we’re making it easier for companies to raise funds and grow, and giving the community early access to unique investment opportunities” the company said.
Coinbase has acquired Echo, an onchain platform that helps communities invest together and gives founders more options for their cap table. Like us, Echo believes in democratizing early-stage investing, so that more people can support the next generation of breakthrough companies. Founded by Cobie, a crypto OG and long-time advocate for community-driven investing, Echo has pioneered tools that make fundraising more inclusive, transparent, and efficient.
The “why” is simple. „We want to create more accessible, efficient, and transparent capital markets.” But today, founders often struggle to raise capital and individual investors don’t have the opportunity to invest in private token sales.
„Echo solves this by allowing projects to raise directly from their community, either through a private sale or by self-hosting a public token sale using Sonar. Integrating Echo’s tools will help us enable more direct community participation, joining projects with capital, entirely onchain. While we’ll start with crypto token sales via Sonar, we plan to expand support to tokenized securities and real-world assets over time, leveraging Echo’s infrastructure.” – the company explained.
Echo has already made strides in opening up private markets helping projects raise $200M+ over ~300 completed deals since launch. Its new self-hosted public token sale product Sonar has also seen early success, helping power Plasma’s XPL token sale.
With this acquisition, „we’re building a full-stack solution for crypto projects and investors, covering everything from launch to fundraising to secondary trading”.
For builders: Easier access to capital and community-aligned fundraising tools like Echo for private investment groups and Sonar for self-hosted public token sales
For investors: New, differentiated opportunities that were previously out of reach, either through a trusted platform like Echo or through direct offerings with Sonar
For the onchain economy: A more efficient, transparent, and globally accessible capital market that drives innovation and growth
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[1] Coinbase acquired Echo for approximately $375M as of 10/20/25, comprised of a mix of cash and stock, subject to customary purchase price adjustments.
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
