Coinbase has announced its acquisition of LiquiFi, a token management platform utilized by prominent players in the cryptocurrency space, including Uniswap Foundation and Optimism. Although the financial terms of the deal remain undisclosed, Coinbase aims to facilitate easier on-chain development for startups with this acquisition. LiquiFi provides tools for managing token ownership, vesting schedules, and compliance workflows, aligning with Coinbase's strategy to simplify the token launch process. This acquisition comes amidst a wave of mergers and acquisitions within the cryptocurrency sector, exemplified by recent activities like 0x buying Flood and Nakamoto Holdings merging with KindlyMD. Following the announcement, Coinbase's shares saw a 1% increase in pre-market trading. The company's move is particularly notable as its competitor, Binance, has also focused on token launches and incubation, although it is yet to be clarified how Coinbase will align its services with these trends.

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