PANews reported on October 21st that, according to the Wall Street Journal, Coinbase executives revealed that the company has reached a deal worth approximately $375 million to acquire the Echo platform, which allows crypto companies to quickly and directly raise funds on the blockchain. This acquisition is Coinbase's eighth deal so far this year, and Coinbase is actively pursuing acquisitions, capitalizing on the positive momentum generated by US cryptocurrency policies.PANews reported on October 21st that, according to the Wall Street Journal, Coinbase executives revealed that the company has reached a deal worth approximately $375 million to acquire the Echo platform, which allows crypto companies to quickly and directly raise funds on the blockchain. This acquisition is Coinbase's eighth deal so far this year, and Coinbase is actively pursuing acquisitions, capitalizing on the positive momentum generated by US cryptocurrency policies.
Coinbase acquires cryptocurrency investment platform ECHO for $375 million
PANews reported on October 21st that, according to the Wall Street Journal, Coinbase executives revealed that the company has reached a deal worth approximately $375 million to acquire the Echo platform, which allows crypto companies to quickly and directly raise funds on the blockchain. This acquisition is Coinbase's eighth deal so far this year, and Coinbase is actively pursuing acquisitions, capitalizing on the positive momentum generated by US cryptocurrency policies.
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