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Coinbase 🤝 Cobie
$375 million for Echo

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Say what you will about the theses of the fat protocol, fat app, monolithic blockchain and token governance.
There’s one thesis in crypto that is very still clearly in play: Coinbase is the Amazon of crypto.
News just broke that Coinbase has acquired Echo, the crypto fundraising platform founded by Cobie, for $375 million.
Now Coinbase buying the UpOnlyTV NFT for $25 million USDC only yesterday makes a lot more sense.
Luckily, today’s guest on the Empire podcast is the perfect person to shed more light on Coinbase’s plans for Echo and the future: Shan Aggarwal, Coinbase’s Chief Business Officer.
Catch the full episode on YouTube, Spotify, Apple Podcasts and X.
Enjoy! And see you tomorrow.
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Katana was built by answering a core question: What if a chain contributed revenue back into the ecosystem to drive growth and yield?
We direct revenue back to DeFi participants for consistently higher yields.
Katana is pioneering concepts like Productive TVL (the portion of assets are actually doing work), Chain Owned Liquidity (permanent liquidity owned by Katana to maintain stability), and VaultBridge (putting bridged assets to work generating extra yield for active participants).

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