(Reuters) -Crypto heavyweight Coinbase said on Tuesday it has bought investment platform Echo in a nearly $375 million cash-and-stock deal, aiming to bring fundraising tools to its platform.

Dealmaking within the digital assets industry has picked up pace this year as a crypto-friendly Trump administration encourages companies to expand their business in the U.S.

Last week, cryptocurrency exchange Kraken unveiled a $100 million deal for futures exchange Small Exchange, paving the way to launch a fully U.S.-based derivatives suite.

Echo’s platform makes raising capital and investing more accessible to the crypto community through private and public token sales.

“We want to create more accessible, efficient, and transparent capital markets,” Coinbase said in a blog post.

While Coinbase

See Full Page