Coinbase Global Inc. said on Wednesday it has acquired Liquifi, a start-up that provides software for token cap-table tracking, distribution, vesting and tax compliance. The San Francisco-based exchange did not disclose financial terms, marking the company’s fourth purchase this year as consolidation in the crypto industry accelerates.
Liquifi, which raised a $5 million seed round in 2022 led by venture firm Dragonfly, is used by organisations including the Uniswap Foundation, OP Labs, Ethena and Zora. By bringing the platform in-house, Coinbase aims to offer customers an end-to-end suite that spans token creation through secondary-market trading, narrowing a gap with rivals such as Binance and OKX that already host token-launch services.
The transaction follows Coinbase’s 2025 acquisitions of crypto ad-tech firm Spindl, the team behind privacy chain Iron Fish and the $2.9 billion purchase of derivatives exchange Deribit. The flurry of deals mirrors broader activity in digital-asset M&A, where payments group Stripe and others have also been active buyers.
“If we want to bring a billion people on-chain, token creation and cap-table management must be easier,” said Aklil Ibssa, Coinbase’s head of corporate development. Ibssa added that Coinbase will assist Liquifi in defending an ongoing lawsuit filed by competitor Toku that alleges misappropriation of confidential information.
COINBASE ACQUIRES TOKEN MANAGEMENT STARTUP LIQUIFI
Coinbase has acquired Liquifi, a firm specializing in token management infrastructure for companies issuing and handling digital assets.
The move strengthens Coinbase’s enterprise services amid growing demand for tokenization
🚨 Coinbase is acquiring Liquifi to simplify token launches for onchain teams.
The platform, used by Uniswap Foundation, Optimism, and others, automates token ownership, vesting, and compliance.
COINBASE ACQUIRES TOKEN MANAGEMENT STARTUP LIQUIFI
Coinbase has acquired Liquifi, a firm specializing in token management infrastructure for companies issuing and handling digital assets.
The move strengthens Coinbase’s enterprise services amid growing demand for tokenization
🚨 Coinbase is acquiring Liquifi to simplify token launches for onchain teams.
The platform, used by Uniswap Foundation, Optimism, and others, automates token ownership, vesting, and compliance.
NEW: 🗞️Coinbase’s fourth acquisition of 2025, Liquifi, brings cap table and token distribution tools in-house as it builds toward an end-to-end crypto platform.
Coinbase has announced the acquisition of token management platform Liquifi. Liquifi can be used for token distribution, vesting management, and tax handling. So far this year, Coinbase has completed four acquisitions, covering crypto advertising, privacy chains, and derivatives