Coinbase Acquires Web3 Startup Liquifi, Plans to Make Token Launches Simple
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Crypto giant exchange Coinbase has announced it is acquiring the leading token management platform for early-stage teams building on-chain, Liquifi. The announcement revealed that the integration of Liquifi’s advanced infrastructure for token cap table management, vesting automation, and compliance streamlines Coinbase’s ability to provide foundational support to Web3 project teams.
Raising the Bar for Global Crypto Adoption
Coinbase noted that the strategic acquisition positions the platform to engage with project teams during the pre-token phase. This enables deeper integration and support before launch or listing.
“Today, we’re taking a big step towards offering an end-to-end solution for on-chain builders by acquiring Liquifi, the go-to platform for managing token ownership, vesting schedules, and compliance workflows,” the company wrote.
The exchange added that teams like Uniswap Foundation, OP Labs (Optimism), Ethena, Zora, and 0x rely on the token management platform to launch and manage their tokens. The company accepted the difficulties that come with launching a token, noting that early-stage teams encounter a fragmented, high-stakes maze of legal and tax.
Unlocking Access to Over 450 Million Users
According to the announcement, the platform aims to eliminate these obstacles by providing the necessary tools to ensure token launches are efficient and compliant with regulatory requirements.
The company also aims to make token issuance more streamlined, scalable, and globally accessible than traditional equity models. This sets a new standard for emerging businesses.
This is not the only milestone the company has reached in recent times. In June, Coinbase secured a Markets in Crypto Assets (MiCA) license in Luxembourg, unlocking full EU expansion. CoinTab reported that the exchange can now offer its full lineup of crypto products to about 450 million people across the EU’s 27 countries.
Crypto Exchanges Expand With MiCA’s Licence Approval
In related news, Bybit also secured a MiCA license from Austria’s Financial Market Authority (FMA). The strategic move allows the firm to enter the European market.
The licence allows the exchange to offer services to nearly 500 million Europeans under MiCA’s unified framework. Additionally, the policy aims to achieve regulatory coherence, strengthen enforcement against illicit conduct, and enhance user safety.
The post Coinbase Acquires Web3 Startup Liquifi, Plans to Make Token Launches Simple appeared first on Cointab.
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