menu
techminis

A naukri.com initiative

google-web-stories
source image

TronWeekly

3w

read

110

img
dot

Image Credit: TronWeekly

Coinbase Buys Liquifi to Dominate Crypto Token Lifecycle Management

  • Coinbase acquires Liquifi, a token management platform, in its fourth acquisition of 2024 to solidify its position in crypto-infrastructure buildout and a broader token lifecycle strategy.
  • Liquifi, known for providing products like token distributions and vesting schedules, previously raised a $5 million seed round in 2022, with the recent acquisition marking another significant deal in the crypto industry.
  • Coinbase has been expanding its offerings with acquisitions including Spindl, Iron Fish, and a record-setting $2.9 billion buyout of Deribit earlier this year, aiming to cover all phases of a token's lifecycle from issuance to regulation.
  • The acquisition of Liquifi brings Coinbase closer to competitors like Binance, enabling it to operate further down in the token management process and strengthening its position as a full-stack crypto solution provider.

Read Full Article

like

6 Likes

For uninterrupted reading, download the app