Coinbase has announced the acquisition of Liquifi, a token management platform, as part of its ongoing expansion strategy. This is the fourth acquisition for the company in 2023.
Strategic Aim of Acquiring Liquifi
Acquiring Liquifi gives us best-in-class capabilities in token cap table management, vesting, and compliance, positioning Coinbase to support builders earlier in their journey.
Integration of Liquifi with Coinbase Prime
Coinbase plans to integrate Liquifi’s features into its institutional brokerage platform, Coinbase Prime, providing issuers with best-in-class tools directly from their market-leading Prime platform.
Previous Coinbase Acquisitions in 2023
This year, Coinbase has already acquired Deribit for $2.9 billion, along with the onchain ads platform Spindl and the team behind Iron Fish.
The acquisition of Liquifi underscores Coinbase's strategy to simplify token launches and support developers, potentially reshaping the cryptocurrency landscape.
