US-based cryptocurrency exchange Coinbase has acquired Liquifi, a token management company, as part of its aggressive acquisition strategy in 2025. While the financial details of the acquisition were not disclosed, this move marks Coinbase's fourth major acquisition this year. Coinbase had previously made headlines with its acquisitions of advertising platform Spindl, privacy-focused protocol Iron Fish, and the $2.9 billion Deribit deal.
Coinbase acquires Liquifi
Liquifi offers tools that facilitate processes such as token ownership tracking, vesting plan management, and tax compliance for crypto projects. Leading projects such as Uniswap Foundation, OP Labs, Zora, and Ethena are already utilizing Liquifi's infrastructure.
Coinbase's Head of Corporate Development, Aklil Ibssa, summarized the company's vision in a statement as “making token creation and management accessible to the masses.” Max Branzburg, Head of Consumer Products at Coinbase, emphasized that with the growth of the “onchain” world, there is a need for simpler and more functional tools for token tables, legal and tax obligations, and distribution processes.
To be integrated with Coinbase Prime
Coinbase plans to integrate Liquifi's services with its own corporate platform, Coinbase Prime. This will allow developers to manage the entire process, from token issuance onwards, under the Coinbase umbrella. Coinbase Prime aims to offer a more comprehensive platform by bringing together services such as custody, trading, and financing.
Thanks to Liquifi's technology, early-stage crypto projects will be able to issue tokens with less risk, without having to deal with complex liquidity and regulatory issues. The automation solutions offered by the company make it much easier to manage vesting schedules, employee token payments, and investor token management. This creates an efficient structure for both developers and investors.
Reaffirmed trust despite legal proceedings
On the other hand, Liquifi is currently undergoing a legal process due to a lawsuit filed by a competitor alleging “document theft.” However, Coinbase stated that they completed the acquisition after a detailed review and will continue to support Liquifi.
The crypto sector in 2025 is not only attracting attention with price movements but also with corporate acquisitions. Coinbase's acquisition of Deribit for $2.9 billion is the largest crypto deal of the year, while Stripe's acquisition of stablecoin initiative Bridge and wallet firm Privy has strengthened the consolidation trend in the sector.
