Coinbase announces acquisition of Solana meme coin app Vector

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Vital factors

  • Coinbase continues its energetic acquisition spree in 2025 with an settlement to accumulate Vector, a decentralized trade based mostly in Solana.
  • That is Coinbase’s ninth deal this 12 months, following main acquisitions equivalent to Deribit and Echo.

Coinbase introduced Friday that it’s going to purchase Vector, a mobile-first social buying and selling software centered on meme coin buying and selling, to reinforce its on-chain buying and selling capabilities.

Capable of immediately uncover and help new Solana belongings, Vector’s infrastructure integrates instantly with Coinbase’s DEX buying and selling capabilities.

With Solana’s DEX buying and selling quantity anticipated to exceed $1 trillion in 2025, this acquisition is in line with Coinbase’s technique to construct an “every little thing trade” by increasing asset entry, rising velocity and liquidity, and strengthening its presence in high-activity ecosystems.

The deal is predicted to be accomplished by the tip of the 12 months.

It is a growing story.

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