Behind Coinbase’s Echo acquisition: Cobie’s 13-year journey from $200 to fame and fortune | Bee Network
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The largest funding round this week was for crypto card issuer Rain, which announced a $58 million Series B funding round, followed by Bitcoin startup Portal to Bitcoin, which secured $50 million in funding led by Paloma Investments. The following are specific financing events (Note: 1. Sorted by the amount of funds announced; 2. Excludes fund raising and mergers and acquisitions; 3. * indicates companies in “traditional” fields whose businesses are partially involved in blockchain): Crypto card issuer Rain completes $58 million Series B funding round, led by Sapphire Ventures On August 28th, crypto card issuer Rain announced the completion of a $58 million Series B funding round led by Sapphire Ventures, with participation from Dragonfly, Galaxy Ventures, Endeavor Catalyst, Samsung Next, and Lightspeed. Annual spending on Rain-supported credit cards…# Analysis# Airdrop# bitcoin# crypto# defi# ethereum# Exchange# Market# NFTs# Startups# Token# ToolPre
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- On October 21, 2025, Coinbase announced the acquisition of on-chain investment platform Echo for US$375 million. Just the day before, Coinbase spent $25 million to buy an NFT to revive a podcast. ...