Coinbase Ventures announced that it has become the team leader of the on-chain investment platform Echo.xyz

news, as part of the support for the development of Base builders' work through the Base Ecosystem Fund, Coinbase Ventures announced its role as the "Group Lead" for the on-chain investment platform Echo.xyz. Coinbase Ventures aims to strengthen the foundation of the Base ecosystem from three key aspects:

1. Providing more funding for builders: Startups will gain broader funding and expertise, increasing their chances of success.
2. Offering more access for the Base community: Community members can request access to the Base ecosystem group to democratically access trusted startup projects.
3. Accelerating the flywheel: The more capital flows through the chain, the closer we get to a truly open financial system.