Coinbase, the leading US-based cryptocurrency exchange has acquired one of the more popular platforms for crypto startups to raise capital \u2013 Echo. According to the official announcement, the deal was worth approximately $375 million.<\/p>\n
Echo, founded by one of the most popular crypto personalities, going by the X nickname\u00a0Cobie (real name Jordan Fish),\u00a0<\/em>is a capital-raising platform that allows its users to participate<\/span>\u00a0in early-stage crypto fundraising rounds.<\/p>\n According<\/a> to the announcement:<\/p>\n 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\u2019s XPL token sale.<\/p>\n The deal was worth approximately $375 million and it was comprised of a mix of cash and stock, subject to customary purchase price adjustments.<\/p>\n The post Coinbase Acquires Echo in a $375 Million Deal<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Coinbase, the leading US-based cryptocurrency exchange has acquired one of the more popular platforms for crypto startups to raise capital \u2013 Echo. According to the official announcement, the deal was worth approximately $375 million. Coinbase Acquires Echo Echo, founded by one of the most popular crypto personalities, going by the X nickname\u00a0Cobie (real name Jordan […]<\/p>\n","protected":false},"author":0,"featured_media":106388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-106387","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/106387"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=106387"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/106387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/106388"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=106387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=106387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=106387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}