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

According to media reports, angel investment platform Echo was acquired by Coinbase on October 21, 2025, for $375 million. The investor in this transaction is Coinbase.Echo is an angel investment platform targeting cryptocurrency investors, enabling users to form investment groups and collectively invest in crypto projects. The platform’s innovative group investment model lowers entry barriers for individual investors, allowing more participants to engage in early-stage investments in high-quality crypto projects.Official confirmation indicates that Echo will continue to operate as an independent platform following the acquisition, meaning existing users and features will be retained. Prior to this, Echo platform users will receive a Monad airdrop reward.Echo achieved several key milestones this year. On May 27, Echo launched its token sale infrastructure Sonar; on June 21, the platform introduced the commit request sale feature. These product iterations and innovative initiatives attracted significant attention and laid the foundation for the Coinbase acquisition.As a leading global cryptocurrency exchange, Coinbase’s acquisition of Echo further expands its presence within the crypto investment ecosystem, helping provide investors with more comprehensive and diversified investment tools and services.