Is Coinbase bringing crypto ICOs back through this $375 million deal?

After years of venture-funded dominance, Coinbase is reviving the idea that crypto projects can raise money directly from their users. The US-based exchange announced on Oct. 21 that it acquired Echo, a community-fundraising platform founded by veteran investor Jordan “Cobie” Fish, in a $375 million deal to rebuild fairer, on-chain capital markets. According to the The post Is Coinbase bringing crypto ICOs back through this $375 million deal? appeared first on CryptoSlate.