Overview

• Coinbase has completed its acquisition of token management platform Liquifi to expand its on-chain project infrastructure
• The financial terms of the deal remain undisclosed, according to Aklil Ibssa, Coinbase’s head of corporate development
• Major crypto organizations including the Uniswap Foundation, OP Labs, Ethena and Zora rely on Liquifi to track ownership, manage vesting schedules and handle tax compliance
• Coinbase will back Liquifi’s defense in a lawsuit filed by rival firm Toku
• This marks Coinbase’s seventh major acquisition in 18 months, following buys of Spindl and the Iron Fish team and May’s record $2.9 billion Deribit purchase