The post Coinbase Acquires Leading Onchain Capital Raising Platform, Echo in $375M Deal appeared on BitcoinEthereumNews.com. Crypto giant Coinbase is expanding its base once again. In a recent $375 million deal, the largest crypto exchange in the US purchased Echo, a leading onchain capital raising platform.  Cryptocurrency exchange Coinbase has acquired onchain capital raising platform Echo. Through Echo’s acquisition, Coinbase community members can more easily raise capital to grow.  Coinbase Makes Fundraising More Accessible Crypto behemoth Coinbase recently announced the acquisition of Echo, an on-chain capital raising platform for approximately $375 million in cash and stocks. Echo’s platform simplifies raising capital and investing and makes it more accessible to the community. Much like Coinbase, Echo believes in levelling the playing field in early-stage investing to enable more people to support next-generation, up-and-coming companies. According to Coinbase, this angel investor has pioneered tools which have made fundraising more “inclusive, transparent, and efficient.”  “Why?” You May Ask Coinbase explained its reasoning behind the decision to purchase Echo. The decision was driven by Coinbase recognising the struggles which individual investors face, and acknowledging the difficulty founders experience in raising capital. In its announcement, the company explained: “We want to create more accessible, efficient, and transparent capital markets. But today, founders often struggle to raise capital and individual investors don’t have the opportunity to invest in private token sales.” According to Coinbase, Echo is key in solving the issues it identified in raising capital. Echo allows projects to raise capital directly from its community in two ways – either through a private Echo sale or by self-hosting a public token sale using Echo’s Sonar platform. Coinbase explained that by joining forces and integrating Echo’s features onto its platform, it will allow more direct community participation through joining projects with capital, entirely onchain. Coinbase will begin the journey with Echo with crypto sales via Sonar, but later plans to… The post Coinbase Acquires Leading Onchain Capital Raising Platform, Echo in $375M Deal appeared on BitcoinEthereumNews.com. Crypto giant Coinbase is expanding its base once again. In a recent $375 million deal, the largest crypto exchange in the US purchased Echo, a leading onchain capital raising platform.  Cryptocurrency exchange Coinbase has acquired onchain capital raising platform Echo. Through Echo’s acquisition, Coinbase community members can more easily raise capital to grow.  Coinbase Makes Fundraising More Accessible Crypto behemoth Coinbase recently announced the acquisition of Echo, an on-chain capital raising platform for approximately $375 million in cash and stocks. Echo’s platform simplifies raising capital and investing and makes it more accessible to the community. Much like Coinbase, Echo believes in levelling the playing field in early-stage investing to enable more people to support next-generation, up-and-coming companies. According to Coinbase, this angel investor has pioneered tools which have made fundraising more “inclusive, transparent, and efficient.”  “Why?” You May Ask Coinbase explained its reasoning behind the decision to purchase Echo. The decision was driven by Coinbase recognising the struggles which individual investors face, and acknowledging the difficulty founders experience in raising capital. In its announcement, the company explained: “We want to create more accessible, efficient, and transparent capital markets. But today, founders often struggle to raise capital and individual investors don’t have the opportunity to invest in private token sales.” According to Coinbase, Echo is key in solving the issues it identified in raising capital. Echo allows projects to raise capital directly from its community in two ways – either through a private Echo sale or by self-hosting a public token sale using Echo’s Sonar platform. Coinbase explained that by joining forces and integrating Echo’s features onto its platform, it will allow more direct community participation through joining projects with capital, entirely onchain. Coinbase will begin the journey with Echo with crypto sales via Sonar, but later plans to…