Coinbase acquires Echo to create a full-stack solution for crypto projects and investors

Coinbase said in an official blog post: "Integrating Echo's tools will help us achieve more direct community engagement and seamlessly connect projects and funds on the chain. Although we will initially focus on crypto token sales through Sonar, we plan to leverage Echo's infrastructure to gradually expand support to tokenized securities and real-world assets in the future. Through this acquisition, we are building a full-stack solution for cryptocurrency projects and investors, covering the entire process from project launch and financing to secondary market trading."