Echo, a crowdfunding platform whose first fundraising project was Ethena, has been acquired by Coinbase after less than two years of operation.
Major US cryptocurrency exchange Coinbase has acquired Echo, a platform that allows communities to raise capital targeting early-stage projects and startups.
Coinbase struck a $375 million deal to acquire Echo, a crowdfunding platform founded by crypto trader Jordan Fish, known in the community as Cobie, the company announced on Tuesday.