Coinbase has acquired token management platform Liquifi, marking its fourth strategic purchase this year to strengthen support for blockchain developers. The deal aims to simplify token launches by integrating Liquifi’s automated compliance, vesting, and distribution tools into Coinbase Prime.
Key details of the acquisition:
• Liquifi’s platform manages over $8.5 billion in token value for clients like Uniswap Foundation and OP Labs.
• Coinbase will incorporate Liquifi’s tech to help builders navigate legal, tax, and regulatory hurdles during token launches.
• Terms remain undisclosed, but COIN stock surged 5% to over $350 following the announcement.
Strategic rationale:
Greg Tusar, Coinbase VP of Institutional Products, stated the acquisition provides “best-in-class capabilities in token cap table management and compliance,” positioning Coinbase to assist projects earlier in their lifecycle. The move addresses fragmentation in token issuance, where developers face complex legal workflows and compliance risks.
Broader expansion context:
This is Coinbase’s fourth 2025 acquisition after:
| Acquisition | Focus Area | Deal Size |
| Deribit | Crypto derivatives | $2.9 billion |
| Spindl | Crypto advertising | Undisclosed |
| Iron Fish | Privacy protocols | Undisclosed |
Analysts at Bernstein recently raised Coinbase’s price target to $510, calling it the “Amazon of crypto financial services.”
