Coinbase Expands Crypto Services with $375M Echo Acquisition

Leading cryptocurrency exchange Coinbase has strategically acquired Echo, a prominent crypto fundraising platform, in a landmark $375 million deal. This acquisition strengthens Coinbase's position in the digital asset ecosystem, enhancing its service offerings for institutional and retail investors. The move signals Coinbase's commitment to expanding its footprint in crypto fundraising and blockchain technology solutions, potentially driving increased adoption of COIN and other major cryptocurrencies like BTC and ETH.