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Coinbase announces acquisition of Solana meme coin app Vector

Coinbase announces acquisition of Solana meme coin app Vector

Key Takeaways

Coinbase is continuing its aggressive 2025 acquisition streak with a deal to purchase Vector, a Solana-based decentralized exchange.
This marks Coinbase’s ninth deal of the year, following major buys such as Deribit and Echo.

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Coinbase said Friday it is acquiring Vector, a mobile-first social trading application focusing on meme coin trading, to enhance its on-chain trading capabilities. Vector’s infrastructure, which can detect and support new Solana assets instantly, will integrate directly into Coinbase’s DEX trading features.With Solana’s DEX volume surpassing $1 trillion in 2025, the acquisition aligns with Coinbase’s strategy to build the “everything exchange” by expanding asset access, improving speed and liquidity, and strengthening its presence in high-activity ecosystems.The deal is expected to close by year-end and is one of nine made by Coinbase this year as it capitalizes on improved financial performance and a thriving crypto-sector M&A surge, which has seen billions of dollars in deals across major players.

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