Coinbase announced the acquisition of token management platform Liquifi on July 2, 2025, for an undisclosed sum. The San Francisco-based Liquifi, founded in 2021, specializes in token cap table management, vesting schedules, and regulatory compliance workflows, serving major projects like Uniswap (UNI), OP Labs (Optimism), and Ethena.
The acquisition aims to simplify token launches and remove barriers for crypto startups by integrating Liquifi's tools into Coinbase Prime—the exchange's institutional suite. This marks Coinbase's fourth acquisition in 2025, following its $2.9 billion purchase of options platform Deribit earlier this year. The move aligns with broader industry consolidation trends, including 0x's acquisition of Flood and Nakamoto Holdings' merger with KindlyMD.
Coinbase emphasized scalability goals, intending to make token issuance as seamless as traditional equity. Following the announcement, Coinbase shares (COIN) rose 1% in pre-market trading, reflecting market optimism about the strategic expansion.