Transaction · Wealthtech · 2025

Coinbase / Echo 2025

Coinbase acquired Echo for $375M on November 1, 2025.

Target
Echo
Acquirer
Coinbase
Deal value
$375M
Announced
November 1, 2025
Sub-sector
Wealthtech

Transaction overview

  • Coinbase announced the acquisition of Echo on November 1, 2025 for $375M.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Acquired investment platform to expand token sales and ICO offerings to U.S. retail investors.

Deal terms & multiples

Deal value
$375M
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 1, 2025
Acquirer
Coinbase (Strategic)
Sub-sector
Wealthtech

Frequently asked questions

How much did Coinbase pay for Echo?

Coinbase acquired Echo for $375M, announced on November 1, 2025.

When did Coinbase announce the acquisition of Echo?

Coinbase announced the acquisition of Echo on November 1, 2025.

What sub-sector is Echo in?

Echo is tracked in the Wealthtech sub-sector.

Sources

  • gizmodo.com /coinbase-wants-to-bring-back-an-ol-crypto-trend-that-ended-in-disaster-2000683714