Coinbase is expanding its trading operations by acquiring Vector, an on-chain trading platform designed for Solana’s fast environment.
The financial terms of the deal remain undisclosed, but it is expected to finalize by the year’s end, as indicated in a recent blog post.
Vector’s team and technology will integrate into Coinbase’s consumer trading division, aimed at enhancing support for new Solana assets, improving order routing, and bolstering the exchange’s DEX infrastructure.
After the acquisition, Vector’s standalone mobile and desktop applications will be phased out, while the Tensor Foundation, which manages the Tensor NFT marketplace and its token, will continue to operate independently.
This acquisition adds to Coinbase’s notable buying spree, marking its ninth acquisition of 2025, following previous purchases, including Echo and Deribit.
The deal coincides with Solana’s DEX volume surpassing $1 trillion this year, reflecting Coinbase’s intent to grow within an ecosystem energized by memecoin trends early in the year.
Coinbase positions this move as a stride toward creating an “everything exchange,” potentially offering faster access to new tokens and improved execution on Solana’s dynamic markets.
The company plans further integrations as it continues to enhance its on-chain trading capabilities.
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