Coinbase Acquires Solana DEX Vector.fun in Aggressive M&A Push

Coinbase has acquired Solana-based decentralized exchange Vector.fun, marking its ninth acquisition this year as part of a broader strategy to build an ‘everything exchange’. The purchase follows Coinbase’s November 20 launch of Bitcoin and Ethereum-backed loans powered by the Morpho protocol, which allows users to borrow USDC without selling assets. This latest move demonstrates Coinbase’s commitment to expanding decentralized exchange trading capabilities across multiple blockchains.