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Coinbase Acquires Liquifi to Bolster Token Management Capabilities

The firm plans to integrate Liquifi’s cap table and compliance tools to simplify token launches for new crypto projects

Overview

  • Coinbase has completed its acquisition of token management platform Liquifi to expand its on-chain project infrastructure
  • The financial terms of the deal remain undisclosed, according to Aklil Ibssa, Coinbase’s head of corporate development
  • Major crypto organizations including the Uniswap Foundation, OP Labs, Ethena and Zora rely on Liquifi to track ownership, manage vesting schedules and handle tax compliance
  • Coinbase will back Liquifi’s defense in a lawsuit filed by rival firm Toku
  • This marks Coinbase’s seventh major acquisition in 18 months, following buys of Spindl and the Iron Fish team and May’s record $2.9 billion Deribit purchase