Coinbase Acquires Solana DEX Vector in 2025 Expansion

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• Coinbase expands its 2025 acquisition streak with Solana-based Vector.
  
• Vector’s tech enhances Coinbase’s DEX trading and Solana integration.
  
• Competitors like Kraken and Grayscale are preparing to go public.

Coinbase has added another major deal to its 2025 acquisition streak, announcing the purchase of Vector, a decentralized trading platform built on Solana. The move marks a strategic step forward in the exchange’s push to evolve into an all-in-one global marketplace for digital assets.

A Push Toward an “Everything Exchange”

In a Friday announcement, Coinbase said Vector’s integration will accelerate its goal of becoming an “everything exchange,” offering seamless access to centralized and decentralized markets under one umbrella. While financial terms of the deal were not disclosed, Coinbase stated that Vector’s technology will allow the company to deepen its decentralized exchange (DEX) trading capabilities and streamline on-chain order execution for users worldwide.

According to Coinbase, onboarding the Vector team supports its long-term plan to remove friction from trading, regardless of network or asset type. With Solana increasingly becoming a hub for high-speed, low-cost decentralized activity, the acquisition positions Coinbase to capture more on-chain retail and institutional flow.

Part of a Larger 2025 Buying Spree

Vector joins a growing list of companies acquired by Coinbase this year, following major deals involving blockchain advertising platform Spindle, privacy-focused browser Roam, tokenization protocol Liquifi, derivatives venue Deribit and crowdfunding platform Echo. The aggressive expansion highlights Coinbase’s strategy to consolidate emerging Web3 infrastructure while broadening its product reach across user categories.

Regulatory Ambition Meets Market Competition

Coinbase’s expansion comes as it awaits regulatory approval for a National Trust Company Charter from the Office of the Comptroller of the Currency. The application has generated resistance from some US banking groups, who argue that the exchange’s crypto-custody model introduces new and untested risks for consumers.

Also Read: How a Single Cloudflare Bug Took Down Coinbase, Ledger, BitMEX and 20% of All Webpages

At the same time, Coinbase faces fresh competitive pressure as more US-based crypto firms pursue public listings. Grayscale Investments and Kraken recently filed documentation to explore initial public offerings, joining Gemini and Bullish, which debuted on major US exchanges earlier this year.

With the acquisition of Vector, Coinbase strengthens both its DEX integration and its broader push to dominate crypto market infrastructure. As rivals move toward public markets and regulators weigh key decisions, Coinbase’s aggressive acquisition strategy signals its intent to remain the industry’s central trading hub.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.