Crypto trader Cobie launches beta version of angel investor platform Echo
Quick Take
- Well-known crypto trader Jordan Fish, also known as Cobie, has started beta-testing his newly created crypto angel investor platform.
- The platform, called Echo, is only available to self-certified and qualified investors.
Well-known crypto trader Jordan Fish, known online under the pseudonym Cobie, has started beta testing Echo, his newly created crypto angel investor platform.
The platform is a way for crypto investors to join together in groups and make collective investments in crypto projects. The idea is to provide a unified network supporting angel investments in the crypto space, which has traditionally been fragmented.
"Echo is brand new and probably not going to work. But any effort to level the playing field and increase access to early stage crypto investing seems like it’s worth a shot. So maybe we will fail but hopefully it will be an admirable failure. Cheers Tim," said Cobie over Telegram. "It’s important to me you include 'cheers Tim' in the article."
According to Fish, Echo is "only available to self-certified qualified/sophisticated investors," and regional rules may apply. "For example, Singapore residents will be subject to different rules to Japan residents and so on," he explained on X.
When users sign up, they must answer a "very long" questionnaire about their investing history. "We rely on those answers and your self-certifications to understand if Echo is right for you," Fish noted.
The platform is currently in invite-only mode. Emails started getting sent to early adaptors on March 28.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
