51 Insights

51 Insights

Articles

Coinbase goes full-stack, acquires Echo for $375M

[Our daily CEO briefing for PRO readers; PDF below]

Marc Baumann's avatar
Marc Baumann
Oct 22, 2025
∙ Paid
1
Share

hey, it’s Marc.

Coinbase is going full stack.

It has acquired Echo, a fast-growing onchain capital formation platform, for $375 million. Echo enables early-stage crypto projects to raise funds directly from their communities through both private and public token sales. Its flagship product, Sonar, allows self-hosted public launches that are fully onchai…

Keep reading with a 7-day free trial

Subscribe to 51 Insights to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Marc Baumann
Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture