A New Chapter For Coinbase: Insights Into The $375 Million Acquisition Of Echo

A New Chapter For Coinbase: Insights Into The $375 Million Acquisition Of Echo

US-based cryptocurrency exchange Coinbase (COIN) announced on Tuesday its acquisition of the crypto platform Echo in a deal valued at nearly $375 million, aimed primarily to enhance the exchange’s fundraising capabilities. Echo’s Sonar To Enable Direct Fundraising Initially, Coinbase plans to utilize Echo’s Sonar platform to facilitate crypto token sales. However, the company has future […]


Related News

Coinbase to Improve Customer Support in US and India by Acquiring AI Platform...

Coinbase is acquiring an AI-powered support platform Agara in an effort to deliver “world-class support for customers.” The exchange explained that “Through this acquisition, we’ll be able to provide our customers with new personalized, intelligent, and real-time support options.” The acquisition also reconfirms Coinbase’s strategy to build out its tech hub in India. Coinbase to Improve Customer Support With AI Platform Cryptocurrency exchange Coinbase announced Tuesday: Today, Coinbase is announcing that we are acquiring Agara, an AI-powered....

Breaking: Zipmex suspends withdrawals as CEO denies financial trouble rumors

Cointelegraph spoke to the CEO of Zipmex following the failed Coinbase deal regarding rumors that crypto contagion has spread to Thailand. Thai cryptocurrency exchange Zipmex has paused withdrawals on its platform following a "combination of circumstances" beyond its control. Cointelegraph reports that Zipmex could be in trouble were dismissed moments prior as “rumors” just moments earlier by CEO and co-founder Marcus Lim following the failed acquisition of the Thai exchange by Coinbase. Due to a combination of circumstances beyond our control including volatile market conditions, and the....

Bitcoin Boost: Cathie Wood’s Ark Invest Drops $80 Million On BTC—Bullish Signal?

According to reports, Ark Invest has added 997 Bitcoin (BTC) to its holdings in two separate transactions. The asset management firm, led by Cathie Wood, made the purchases on March 13, 2025, through Coinbase. The total value of the acquisition is estimated at approximately $80 million. Related Reading: Coinbase CEO: US BTC Reserve Shift Sparks […]

Coinbase acquires Indian AI startup to improve customer service

Co-founded by Coinbase’s head of operations in India, Agara helps Coinbase with customer service using AI and machine learning. Coinbase, the largest cryptocurrency exchange in the United States, is working to improve its customer support while expanding in India by acquiring a new startup.Coinbase officially announced Tuesday the acquisition of Agara, an artificial intelligence-enabled support platform with operations in India and the United States.The acquisition aims to expand and automate Coinbase’s customer service capabilities by providing new machine learning and natural language....

Best Altcoins to Buy After Coinbase Gets MiCA License in the EU

Coinbase has officially entered a new chapter in its global expansion. On June 20, 2025, the U.S.-based exchange announced that it secured a MiCA license in Luxembourg. This license, issued by the country’s financial regulator, makes Coinbase one of the first major crypto companies to fully align with the European Union’s new MiCA regulations. That […]