Coinbase Deepens Solana Bet with Strategic DEX Acquisition

Coinbase continues its aggressive expansion in 2025, with its latest acquisition of the decentralized exchange (DEX) Vector marking a significant move to bolster its presence within the Solana ecosystem. This strategic purchase, for an undisclosed amount, clearly signals Coinbase’s intent to ‘double down’ on Solana, reinforcing its belief in the blockchain’s potential for high-performance decentralized finance. Vector’s integration is poised to strengthen Coinbase’s DeFi offerings and tap into Solana’s rapidly growing network. This acquisition follows a string of other high-profile purchases by Coinbase this year, including Deribit, Echo, and others, underscoring the exchange’s broader strategy to diversify and deepen its footprint across the crypto landscape.