Main US cryptocurrency trade Coinbase continued its 2025 shopping for spree, buying token administration platform Liquifi.
Coinbase on Wednesday introduced a strategic acquisition of Liquifi, a token administration platform targeted on early-stage tokenization tasks.
“Buying Liquifi provides us best-in-class capabilities in token cap desk administration, vesting, and compliance, and positions Coinbase to help builders earlier of their journey,” Coinbase’s vice chairman of institutional product, Greg Tusar, mentioned within the announcement.
The most recent acquisition is Coinbase’s fourth this 12 months, following its $2.9 billion acquisition of Deribit, one of many world’s largest crypto derivatives buying and selling platforms, in Might.
Coinbase needs extra token launches
In keeping with Tusar, Coinbase’s acquisition of Liquifi goals to deal with the complexity of token launches by onchain builders, together with points like fragmented authorized, tax and compliance hurdles, regulatory issues and extra.
“We wish to take away these obstacles by offering each the product and the experience to make token launches easy, compliant, and scalable,” Tusar mentioned, including:
“Liquifi solves these ache factors by automating core workflows whereas lowering token launch danger. This acquisition will allow us to accomplice extra successfully with builders earlier of their lifecycle — earlier than tokens are launched or listed.”
He added that the acquisition aligns with Coinbase’s imaginative and prescient and purpose to make token launches “simpler, quicker and extra international than issuing conventional startup fairness.”
Liquifi options to be built-in with Coinbase Prime
Coinbase’s help to onchain builders gained’t be restricted to the Liquifi platform, because it plans to combine it into its institutional brokerage platform, Coinbase Prime.
“Over time, we’ll combine these capabilities with Coinbase Prime to present issuers best-in-class instruments straight out of our market-leading Prime platform, whereas tightening our integration throughout custody, buying and selling, financing and past,” Tusar mentioned.
Earlier this 12 months, Coinbase additionally acquired onchain advertisements and attribution platform Spindl and the staff behind Iron Fish, a crypto platform targeted on privacy-preserving instruments.
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