Crypto Giant Coinbase To Acquire Solana Trading Platform Vector.fun In Latest Move
Coinbase (COIN), the biggest cryptocurrency change within the US, is sustaining an aggressive acquisition technique, not too long ago committing to amass the Solana-based buying and selling platform Vector.enjoyable.
Max Branzburg, Coinbase’s Vice President of Product Management, confirmed to Fortune that the deal is anticipated to shut by the top of the 12 months, though he didn’t disclose the particular phrases of the acquisition.
Coinbase’s Ninth Acquisition Of The Year
Vector.enjoyable operates as a decentralized change (DEX) on the Solana blockchain, primarily catering to customers buying and selling memecoins. The platform options distinctive functionalities, permitting customers to trace and mimic the investments of different merchants.
As a part of the acquisition course of, Coinbase plans to close down Vector.enjoyable’s cellular and desktop buying and selling purposes whereas absorbing its staff of 13 staff.
By integrating Vector.enjoyable’s expertise, the agency reportedly goals to reinforce the vary of property out there for buying and selling by itself app by way of decentralized exchanges.
This initiative is distinct from Coinbase’s core centralized buying and selling operations, because the change at present permits customers to commerce tokens totally on platforms constructed atop Base, Coinbase’s proprietary blockchain.
Branzburg emphasised that the aim of the Coinbase app is to turn into an “agnostic platform” that facilitates buying and selling throughout all asset courses, aligning with the corporate’s imaginative and prescient to turn into the “all the pieces change.
The acquisition of Vector.enjoyable marks the crypto change’s ninth buy in 2025, a major uptick in comparison with the earlier 12 months, throughout which the corporate made simply three acquisitions.
Record-Breaking M&A Activity
Coinbase is investing appreciable sums in these ventures; as an illustration, it agreed to amass the crypto derivatives exchange Deribit for $2.9 billion in May and spent $375 million on the preliminary coin providing platform Echo in October.
Although Coinbase explored buying stablecoin firm BVNK for roughly $2 billion, that potential deal was mutually shelved final week.
A Coinbase consultant articulated the corporate’s ongoing dedication to increasing its mission and product choices, noting that alternatives come up when corporations attain a sure stage of maturity and technological readiness, making collaboration with Coinbase interesting.
However, Coinbase isn’t alone in its acquisition pursuits; the third quarter of 2025 recorded 96 Merger and Acquisitions (M&A) transactions within the crypto trade, totaling over $10 billion.
In its newest earnings report, the change surpassed analysts’ expectations, reporting transaction income of $1.05 billion—a formidable enhance from the $572.5 million achieved throughout the identical interval final 12 months.
Additionally, the corporate not too long ago unveiled a brand new platform referred to as, PRESALE, enabling retail traders to buy digital tokens earlier than they formally listing on the change.
At the time of writing, the change’s inventory, buying and selling below the ticker title COIN on the Nasdaq, trades barely above the $241 line, representing a 3% restoration prior to now 24 hours.
Featured picture from Shutterstock, chart from TradingView.com
