Coinbase Launches 'Token Manager' for Projects
Coinbase has launched Token Manager, a rebrand of its Liquifi acquisition. The new product is designed to provide teams and DAOs with tools for managing their token operations, such as vesting schedules and distributions.
Coinbase's move follows its acquisition of Liquifi in July 2025 for an undisclosed sum. Prior to the acquisition, Liquifi had already established itself as a key player in token management, servicing prominent crypto teams like Optimism, Ethena, Zora, and 0x. The platform is designed to replace the complex web of spreadsheets and custom scripts that projects often use to manage tokenomics. Its core functions include automating vesting schedules, centralizing capitalization tables, and simplifying global tax withholding and reporting requirements. A key feature is its integration with Coinbase Prime, the exchange's institutional-grade custody solution. This creates a unified workflow covering the entire token lifecycle, from initial fundraising and issuance to trading and long-term custody. For large-scale distributions, the platform's engine can handle batch transfers to more than 10,000 stakeholders at once, streamlining processes like airdrops and post-token sale distributions. This service aims to solve significant engineering and administrative headaches for token-issuing projects. This launch positions Coinbase to compete with existing token management and DAO tooling platforms like Hedgey, Bitbond, and Tally. The rebranding of Liquifi, which officially took place on February 28, 2026, solidifies Coinbase's push to offer a comprehensive, one-stop-shop experience for onchain builders.
