Coinbase is adding another Solana-focused coin to its growing trading empire with the acquisition of Vector, an on-chain trading platform natively built for Solana’s high-speed environment.
The companies did not disclose financial terms, but the deal is expected to close before the end of the year, according to a blog post.
Vector’s team and technology will be absorbed into Coinbase’s consumer trading division, where they will help accelerate support for newly issued Solana assets, improve order routing, and strengthen the DEX-oriented exchange’s broader infrastructure.
Once the deal is finalized, Vector’s standalone mobile and desktop applications will cease, although the Tensor Foundation – which oversees the Tensor NFT marketplace and its token – will continue to operate independently.
The acquisition continues Coinbase’s rapid streak of transactions. This is the exchange’s ninth purchase in 2025, following deals to buy Echo for $375 million and option swap Deribit for $2.9 billion, among others.
The Vector deal comes as Solana’s cumulative DEX volume crosses the $1 trillion market this year, with Coinbase apparently intending to expand through an ecosystem buoyed by memecoin mania at the turn of the year.
Coinbase presented the move as another step toward creating an “exchange for everything.” For traders, this could mean faster access to new tokens and smoother execution in Solana’s fast-moving markets.
The company says more integrations are on the horizon as it continues to expand its on-chain trading capabilities.
