{"id":"5ff26539-0c44-4de4-9813-9acb8915b579","slug":"coinbase-acquires-utopia-labs-2024","acquirerCompanyId":"6cb79b53-1295-4d0d-83a6-52dd3b5c69c1","acquiredCompanyId":"197c9985-7f71-486d-b72a-394f8a165c48","acquirerName":"Coinbase","acquiredName":"Utopia Labs","announcementDate":null,"closeDate":null,"status":"completed","structure":"full_acquisition","valuationUsd":null,"valuationBasis":"undisclosed","summary":"Coinbase acquired Utopia Labs, an onchain payments infrastructure startup whose seed round Kindred Ventures led in 2021, in late 2024. Co-founder Jason Chong later co-founded Mecka.","sources":[{"url":"https://kindredventures.com/announcement/mecka-creating-the-data-corpus-for-physical-ai/","title":"Mecka: Creating the Data Corpus for Physical AI","sourceName":"Kindred Ventures","publishedAt":"2026-06-01"}],"verificationPosture":"reported","reviewStatus":"reviewed","createdAt":"2026-10-10T00:44:09.690Z","updatedAt":"2026-10-10T21:09:16.737Z","acquirerCompany":{"id":"6cb79b53-1295-4d0d-83a6-52dd3b5c69c1","slug":"coinbase","name":"Coinbase"},"acquiredCompany":{"id":"197c9985-7f71-486d-b72a-394f8a165c48","slug":"utopia-labs","name":"Utopia Labs"},"assets":[]}