liquifi

Coinbase announced that on February 28, it will officially rename the token management platform Liquifi, which it acquired last year, to Coinbase Token Manager. The platform is positioned as an end-to-end token management solution, aimed at providing on-chain developers with comprehensive lifecycle management tools covering all aspects before and after token issuance, including automated vesting and distribution, real-time cap table management, compliance workflows, and integration with Coinbase Prime's institutional-grade custody solutions.Coinbase stated that this move, combined with the recent acquisition of the fundraising platform Echo, will provide token issuers and investors with a one-stop service from financing and launching to secondary markets and custody infrastructure. Currently, several projects, including Optimism, Ethena, and Zora, are using the token management services of this platform.

ChainCatcher news, according to Fortune, Coinbase has acquired the token management platform Liquifi, with specific terms of the deal not yet disclosed.It is reported that Liquifi's last funding round was in 2022 during the seed round, raising $5 million, led by the venture capital firm Dragonfly, with participation from Katie Haun and Balaji Srinivasan.In addition, well-known cryptocurrency companies such as the Uniswap Foundation, OP Labs, Ethena, and Zora use the platform to track cryptocurrency holdings, distribute tokens after the vesting period, and manage complex tax withholding processes.

ChainCatcher message, Ethena official posted on Discord that they are aware of the issue where the ENA airdrop amount on Liquifi is lower than the ENA airdrop amount displayed on the Ethena claim page. They are currently investigating these discrepancies and ensuring that users will receive the ENA amount they are entitled to. An update will be provided later today.