Coinbase Acquires Cobie’s Echo and Up Only NFT in $375M Deal

Deal Summary

Coinbase has acquired Cobie (Jordan Fish)’s fundraising platform Echo and the Up Only NFT in a $375 million transaction, with the NFT itself sold for $25 million in USDC. The deal brings Echo’s fundraising tools and access to token sales into Coinbase’s ecosystem and signals expansion into crypto media and on‑chain capital markets.