Sensible Acquired by Coinbase on September 9, 2025

Sensible
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According to media reports, Sensible was acquired by cryptocurrency exchange Coinbase on September 9, 2025. Prior to the acquisition, Sensible had raised a total of $3.75 million in funding.Sensible is a decentralized yield protocol that enables users to earn network rewards and yield farming incentives by staking on major blockchains such as ETH and SOL. Notably, Sensible was formerly known as FirstMate, a platform providing digital storefronts for NFT creators.Public information indicates that before the acquisition, Sensible completed a $3.75 million funding round on August 28, 2023. The acquisition by leading exchange Coinbase is expected to further strengthen Sensible’s presence in the DeFi staking and yield protocol sector. This transaction also reflects the active expansion of traditional centralized exchanges into decentralized finance to meet the growing demand for DeFi services among users.

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Sensible fundraising-history
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M&A----2025-09-08Coinbase
fundraising-key-milestones
  • 2025-09-09
    Sensible was acquired by Coinbase.
  • 2023-08-28
    Sensible secured $3.75 million in its funding round.
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