Coinbase (COIN) Picks Up Solana-Native Vector Continuing 2025 Acquisition Run
CoinDesk
Coinbase is acquiring Solana-native DEX Vector to enhance support for Solana assets and improve its on-chain trading infrastructure.Summary
Coinbase is acquiring Vector, an on-chain trading platform built natively for the Solana environment, as part of its ongoing acquisition spree in 2025. The deal, which is expected to close by year-end, will see Vector's team and technology integrated into Coinbase's consumer trading division to accelerate support for new Solana assets, improve order routing, and strengthen its decentralized exchange (DEX) infrastructure. Vector's standalone apps will cease operation post-acquisition, though the related Tensor Foundation will remain independent. This acquisition marks Coinbase's ninth purchase of 2025 and aligns with its goal of building an "everything exchange," capitalizing on Solana's growing ecosystem volume.
(Source：CoinDesk)