The Wall Street Journal: Coinbase spends $375 million to acquire crypto investment platform ECHO

ChainCatcher news, according to The Wall Street Journal, Coinbase has reached an agreement to acquire the cryptocurrency investment platform ECHO for $375 million. It is reported that the acquisition of ECHO is Coinbase's eighth deal so far this year, as Coinbase actively engages in acquisition activities taking advantage of the positive momentum brought by U.S. cryptocurrency policies.