Coinbase announces acquisition of Solana meme coin app Vector
Crypto Briefing
Coinbase is acquiring Solana-based decentralized exchange Vector to enhance its onchain trading capabilities and capture Solana ecosystem growth.Summary
Coinbase has announced its ninth acquisition of 2025: the purchase of Vector, a decentralized exchange built on the Solana blockchain. This strategic move aims to integrate Vector’s Solana-native team and technology, particularly its infrastructure for instantly detecting and supporting new Solana assets, directly into Coinbase’s own DEX trading features. With Solana's DEX volume exceeding $1 trillion in 2025, the acquisition supports Coinbase's goal of becoming the "everything exchange" by expanding asset access, boosting speed and liquidity, and solidifying its position within high-activity ecosystems. The deal is anticipated to finalize by the end of the year.
(Source：Crypto Briefing)