Discussion about this post

User's avatar
Robots and Chips's avatar

The Echo acquisition demonstrates Coinbase's continued push toward building a comprehensive crypto ecosystem beyond just exchange functionality. The $375M price tag reflects the value of Echo's user engagement and the Sonar platform's capability to simplify complex DeFi interactions. What's particularly clever is the UpOnly podcast acquisition - it's not just about content, but about establishing Base as a hub for tokenized media and community engagment. The strategic layering here (platform acquisition + media property + community) suggests Coinbase is thinking deeply about how to compete with the emerging app chains while maintaining brand differentiation. The Sonar integration timeline will be worth watching, especially if they can maintain the user experience that made Echo appealing in the first place.

Expand full comment

No posts