Coinbase Acquires Solana DEX Platform Vector.fun for Enhanced Trading Capabilities

Coinbase has announced the acquisition of Vector.fun, a Solana-based decentralized exchange platform (DEX), to significantly boost its trading capabilities. The acquisition is expected to be finalized by 2025 and will integrate Vector.fun’s advanced trading tools into Coinbase’s existing infrastructure. This move positions Coinbase to expand within the Solana ecosystem, potentially increasing institutional interest in the blockchain.