Coinbase Acquires Token Management Platform LiquiFi for Undisclosed Amount

CN
coindesk
Follow
17 hours ago


Cryptocurrency exchange Coinbase (COIN) has acquired LiquiFi, a token management platform used by the likes of the Uniswap Foundation, OP Labs (Optimism) and Ethena.

While the terms of the deal remain undisclosed, Coinbase said in a blog post that the acquisition will make it easier for crypto start-ups to build on-chain.

LiquiFi is used by start-ups to manage functions like team token ownership, vesting schedules and compliance workflow.

Coinbase's rival, Binance, recently rolled out an Alpha platform that features token launches and token incubation. It's unclear whether Coinbase will follow Binance down this route but it did say in the blog post that it wants to "remove the barriers" for start-ups by providing both the product to make token launches simple.

The acquisition follows a steady stream of M&A activity in crypto in recent weeks; in May DEX aggregator 0x acquired its competitor Flood and in the same week David Bailey's Nakamoto Holdings went public via a merger with KindlyMD.

COIN shares rose 1% in pre-market trading following the announcement.


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

ad
出入金首选欧易,注册立返20%
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink