🚀 Coinbase Makes Power Move: Snaps Up Liquifi in Strategic Acquisition – COIN Stock Soars 5%
Coinbase just flexed its dominance with a surprise acquisition of token management platform Liquifi—sending COIN shares climbing as Wall Street scrambles to adjust price targets.
The deal that crypto Twitter missed
While retail traders were busy chasing memecoins, Coinbase quietly negotiated what insiders call a "game-changing" infrastructure play. Liquifi’s token vesting and compliance tools now give Coinbase an edge in institutional onboarding.
Market reacts faster than a DeFi exploit
COIN popped 5% in pre-market trading—because nothing makes traditional finance happier than watching a crypto company spend cash on something they can actually understand (unlike algorithmic stablecoins).
This acquisition proves Coinbase isn’t just surviving the bear market—it’s building the picks and shovels for the next bull run. Whether that justifies its valuation? Well… let’s just say Wall Street analysts still haven’t figured out how to value "potential" versus "profitability" in crypto.
Crypto Exchange Coinbase Buys Liquifi
Coinbase has acquired token management platform Liquifi, according to a report by Fortune on July 2. This marks the company’s fourth acquisition this year, following three in 2024. Terms of the deal remain undisclosed.
The token platform brings cap table and token distribution tools in-house as it builds toward an end-to-end crypto platform. It distributes and launches tokens compliantly across vesting, lockups, tax withholding, airdrops, payroll and more.
“Token creation and cap table management is part of the process,” said Aklil Ibssa, referring to the life cycle of a cryptocurrency. “If we want to bring a billion people on chain, this process needs to be much easier and less broken,” he added.
Recently, Coinbase acquired crypto derivatives company Deribit for $2.9 billion, the largest acquisition in the history of the crypto industry. It also acquired crypto-based advertisement firm Spindl and the team behind privacy-focused blockchain Iron Fish.
Notably, Coinbase is seeking approval from the U.S. SEC to offer tokenized equities to users. Tokenized stocks are digital versions of regular company shares. Rather than holding ordinary stock, investors would hold VIRTUAL tokens representing company shares.
Liquifi may also play an important role in tracking tokenized stocks offered on Coinbase. Notably, Well-known crypto companies like the Uniswap Foundation, OP Labs, Ethena, and Zora use the platform to track stake owned by entities of a cryptocurrency, distribute tokens after vesting periods, and manage the intricacies of tax withholdings.
COIN Stock Price Recovers
Coinbase stock closed 4.33% lower at $335.33 on Tuesday, extending the five-day fall to nearly 7%. However, the COIN stock price has recovered today by nearly 2% in the pre-market trading hours, as per Yahoo Finance.
Notably, Bank of America Securities’ top analyst Craig Siegenthaler increased the price target for COIN stock to $397.
Bernstein analyst Gautam Chhugani called Coinbase “the most misunderstood company in our Crypto coverage universe,” adding that it stands to benefit from Genius Act stablecoin legislation. Bernstein analysts hiked their Coinbase price target to $510 from $310.
