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Crypto Prune > Exchange > Coinbase announces acquisition of Solana meme coin app Vector
Exchange

Coinbase announces acquisition of Solana meme coin app Vector

2 months ago 1 Min Read

Important points

  • Coinbase continues its active acquisition spree in 2025 with an agreement to acquire Vector, a decentralized exchange based in Solana.
  • This is Coinbase’s ninth deal this year, following major acquisitions such as Deribit and Echo.

Coinbase announced Friday that it will acquire Vector, a mobile-first social trading application focused on meme coin trading, to enhance its on-chain trading capabilities.

Able to instantly discover and support new Solana assets, Vector’s infrastructure integrates directly with Coinbase’s DEX trading capabilities.

With Solana’s DEX trading volume expected to exceed $1 trillion in 2025, this acquisition is consistent with Coinbase’s strategy to build an “everything exchange” by expanding asset access, increasing speed and liquidity, and strengthening its presence in high-activity ecosystems.

The deal is expected to be completed by the end of the year.

This is a developing story.

See also  BlackRock is making a major transition to the cryptocurrency market.
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