
Coinbase Acquires Liquifi to Simplify Token Launches for On-Chain Builders
In a move aimed at streamlining token creation and management for on-chain startups, digital currency exchange Coinbase has announced the acquisition of Liquifi. This strategic effort enables the exchange to become a comprehensive platform for emerging crypto projects, integrating token tools directly into its ecosystem.
The acquisition allows Coinbase to work with developers at an earlier stage in the token lifecycle, addressing key challenges that early-stage builders face when launching digital assets. By automating cap tables, vesting schedules, and compliance tracking, Liquifi’s technology provides a scalable solution for token management. This integration aims to simplify complex workflows, expand access to compliant and secure launch infrastructure, and reduce risks associated with token launches.
Coinbase emphasized the importance of simplifying the process, enabling projects to scale faster and reducing launch risks. By offering ready-built tools, the company seeks to remove bottlenecks that typically delay or complicate token launches.
Furthermore, Coinbase plans to merge Liquifi’s functionality into its Prime platform, providing token issuers with access to custody, trading, and financing services through one system. This integration aims to create a seamless experience for builders, making token management as accessible as equity management. Additionally, the combined offering targets investors and employees, enabling them to manage token allocations and compensation plans more efficiently.
Coinbase views this acquisition as a crucial step towards broader adoption of blockchain technology. The company believes that the success of the next generation of crypto relies on smoother token deployment processes. By acquiring Liquifi, Coinbase adds essential tooling that improves the experience for teams, investors, and employees involved in token projects.
This move is seen as a significant stride toward onboarding a billion people to Web3 by empowering the builders who drive innovation.
Source: blockonomi.com