Venture
Coinbase Acquires Solana-Based Trading Platform Vector
The acquisition aims to integrate Vector's technology directly into Coinbase, enhancing services for the active Solana trading ecosystem.
November 21, 2025
Companies mentioned:
Coinbase is acquiring Vector, a trading platform built on the Solana blockchain.
Vector's technology will be integrated into Coinbase to improve its on-chain trading services for the Solana ecosystem.
The Tensor Foundation and the Tensor NFT marketplace will remain independent and are not part of the acquisition.
Coinbase has announced its acquisition of Vector, an on-chain trading platform built on the Solana network.
The move signals a deeper commitment to the Solana ecosystem, as Vector's technology will be integrated into Coinbase's existing infrastructure to better serve one of crypto's most active trading environments.This acquisition is specifically for Vector's technology and team. The Tensor Foundation, which oversees the Tensor NFT marketplace and its native token, will remain independent and is not part of the deal. The separation ensures that the Tensor marketplace, a significant player in the Solana NFT space, remains unaffiliated with Coinbase.
The strategic purchase allows Coinbase to enhance its on-chain capabilities and provide more sophisticated tools for traders interacting with the Solana blockchain. It reflects a broader industry trend of major centralized exchanges expanding their services to capture more activity occurring within burgeoning decentralized ecosystems.
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