Coinbase Ventures and Echo Collaborate to Launch

Coinbase Ventures Announces Partnership with Echo to Launch “Base Ecosystem Alliance”

Coinbase Ventures announced a partnership with the private fundraising platform Echo to launch the “Base Ecosystem Alliance.” The “Base Ecosystem Alliance” will continue the efforts of the Base Ecosystem Fund launched a year and a half ago, aimed at supporting builders within the Base ecosystem.

However, the difference lies in the fact that the Base Ecosystem Alliance will decentralize early investment opportunities, which were previously concentrated in the hands of a few institutions, through the Echo platform, allowing global investors to invest in promising startups alongside other early-stage venture capitalists.

“What if the way of investing were different? What if technology could enable global investors to invest in leading early-stage startups alongside other early-stage venture capitalists? This is where blockchain investment changes the game. Both Coinbase and Echo are based on these principles: there should be broader access. Capital should be more dynamic. Investment should not be limited to a small group of insiders.”