Echo Acquired by Coinbase on October 21, 2025, in a $375 Million Transaction

According to media reports, cryptocurrency angel investment platform Echo was acquired by the global leading crypto exchange Coinbase on October 21, 2025, with a transaction value of $375 million.Echo is an angel investment platform designed specifically for crypto investors, enabling users to form groups for collective investment and jointly participate in fundraising opportunities for crypto projects. The platform lowers entry barriers for individual investors, allowing more participants to access early-stage, high-quality investment opportunities, serving as a key tool for democratizing investment in the crypto sector.Echo co-founder Cobie confirmed that following the completion of the acquisition, Echo will continue to operate as an independent platform, maintaining its original service model and user experience. This move demonstrates Coinbase's commitment to the crypto investment ecosystem and its recognition of community-driven investment platforms.Prior to this, Echo had already achieved several significant milestones. The platform launched the Monad airdrop reward program for historical investors, rewarding long-term supporters. In addition, Echo introduced a Commitment Request Sales mechanism in June 2025 and officially launched its token sale infrastructure Sonar in May, further enhancing its investment ecosystem. The acquisition by Coinbase marks strong industry recognition of Echo’s innovative model in the crypto angel investment space.