Coinbase Acquires Vector to Expand Solana Trading Capabilities

Coinbase announced its ninth acquisition of 2025, purchasing Vector, a Solana-based mobile trading platform developed by the team behind the Tensor NFT marketplace. Vector specializes in social trading and memecoin markets, allowing users to publicly broadcast trades and follow others, generating approximately $5 million in fees in its first three months. This acquisition is strategically important for Coinbase as its current DEX integration primarily supports its own Base network; Vector's technology will enable faster access to newly launched Solana tokens and improve trading speed, addressing past infrastructure issues Coinbase faced with Solana. The deal is part of Coinbase's aggressive expansion strategy, which includes major purchases like Deribit and Echo, aiming to build a comprehensive digital asset financial platform. Once the deal closes, Vector's standalone apps will shut down, and its 13 employees will join Coinbase, though the Tensor Foundation will remain independent. The news caused Coinbase stock to rise and the TNSR token to rally significantly, underscoring the growing value of social trading features in the crypto infrastructure space.

(Source：Brave New Coin)