Coinbase acquired the token tracking platform Liquifi.

Recently, the largest cryptocurrency exchange in the US, Coinbase, which has seen its stock price hit record highs, made another critical company acquisition. Aklil Ibssa, the exchange's executive responsible for corporate development, stated in an exclusive interview with Fortune that they have acquired the token management platform Liquifi. The purchase price has not been disclosed.

Liquifi, used by crypto companies such as the Uniswap Foundation, OP Labs, Ethena, and Zora, provides services for monitoring token management of crypto firms and platforms, allowing users to see how many tokens a specific account or individual or institution holds.

Coinbase manager Ibssa stated in a comment on the subject, "Creating tokens and ensuring control here is now one of the most important parts of the crypto world."

They stepped on the gas in 2025

Coinbase made a lot of headlines with its acquisitions in 2025. In May, the company acquired the largest crypto derivatives exchange, Deribit, for a hefty fee of 2.9 billion dollars. Coinbase also acquired the crypto advertising company Spindl and the privacy-focused blockchain firm Iron Fish.

Not just listing tokens...

In the news from Fortune, it was stated that Coinbase does not want to be just a crypto firm that collects transaction fees or merely lists tokens, and that the acquisition of Liquifi is aimed at creating platforms like "Launchpads" that enable projects to launch their own tokens.

"Approaching Binance and OKX"

It was stated that the Liquifi step brings the exchange closer to competitors Binance and OKX in this sense. Manager Ibssa said, "Yes, Liquifi is not a 'launchpad' platform, but it has brought us closer to being a platform that handles everything in the end-to-end process, from the creation of a token to its listing."

Published: July 2, 2025 15:25Last Updated: July 2, 2025 15:29