- Liquifi supports cryptocurrency tools for vesting token launches and tax compliance.
- Coinbase acquired Deribit, Iron Fish, Roam, & Spindl before buying Liquifi to grow its ecosystem.
- Coinbase aims to offer tokenized stock shares pending SEC regulatory approval.
Coinbase has finalized its fifth acquisition this year by acquiring Liquifi, a platform that manages token vesting, distribution, and tax compliance. The deal on July 2 adds token infrastructure to Coinbase’s growing portfolio, which already includes advertising, privacy blockchains, and crypto derivatives. While financial details were not disclosed, the acquisition signals Coinbase’s shift toward becoming a full-service crypto provider.
Liquifi has enabled Coinbase to automate token releases, keep track of cap tables, initiate vesting schedules, and withhold taxes on behalf of clients. Some of the features supported on the platform include: lockups, airdrops, and token-based payrolls. It already has Web3 giants such as the Uniswap Foundation, OP Labs, Ethena, and Zora using it.
Building a Complete Token Lifecycle Platform
Coinbase continues to pursue companies that complement its existing crypto offerings. The acquisition of Liquifi adds new capabilities to help projects manage their tokens from creation to compliance. Coinbase had already acquired Deribit for $2.9 billion earlier in 2025, which marked its entry into the crypto derivatives space.
The company acquired Spindl, a crypto-based advertising platform; the team behind the privacy-focused blockchain, Iron Fish; and, lastly, a blockchain-based search engine, Roam. Together, these moves underscore Coinbase’s commitment to supporting project growth while ensuring adherence to regulatory standards. Liquifi adds value to that vision by simplifying back-end processes that often block token launches.
Liquifi allows token teams to track holdings across entities, distribute grants on a schedule, and automate compliance with local tax regulations. Aklil Ibssa, Coinbase’s head of protocol strategy, said, “Token creation and cap table management is part of the process.” He added, “If we want to bring a billion people on chain, this process needs to be much easier and less broken.”
Connecting Liquifi to Tokenized Stock Ambitions
Coinbase is also seeking approval from the U.S. Securities and Exchange Commission to offer tokenized stocks. These digital representations of equities would allow users to buy shares in a firm as blockchain-based tokens. Liquifi’s features could support those offerings by managing lockups, ownership tracking, and compliance.
This connection points to broader ambitions. Coinbase is not only chasing crypto-native tools but also exploring how tokenization can impact traditional finance. While Binance and OKX operate token launchpads, Coinbase is building a framework around regulated token management. Liquifi fills an essential gap in that framework.
Coinbase’s push toward regulatory-compliant tools may also give it an edge in the U.S. market. While many competitors have scaled back due to regulatory pressure, Coinbase has leaned into creating tools that align with U.S. and global financial laws.
Coinbase is not alone in expanding its crypto capabilities. Stripe has also been active in the market. In February, Stripe acquired the stablecoin infrastructure startup Bridge for $1.1 billion. Then, in June, Stripe purchased crypto wallet firm Privy for an undisclosed amount.
Related: Ark Invest Offloads $43.8M in Coinbase Shares Amid Rally
Market Reaction and Share Performance
Coinbase Global Inc. (NASDAQ: COIN) remained flat on July 2, closing at $335.33. The price movement showed no gain or loss compared to the previous session. However, the pre-market value climbed 0.90% to $338.35.
The stock saw intraday volatility between $330 and $355, peaking near $352 early in the session. According to Google Finance data, Coinbase has a 52-week range between $142.58 and $382.00. The company’s market cap currently stands at $85.41 billion, with an average trading volume of 13.67 million shares. Coinbase maintains a price-to-earnings ratio of 62.46 and does not offer dividends.
