Coinbase Acquires Vector.fun to Boost Solana DeFi Presence

Coinbase has acquired Vector.fun, a high-speed decentralized exchange operating within the Solana ecosystem. This strategic move aims to strengthen Coinbase’s presence in the rapidly expanding world of decentralized finance (DeFi), leveraging Solana’s cutting-edge technologies for increased support and market confidence. The acquisition is expected to bolster both the infrastructure and activity on the Solana blockchain, especially within its DeFi space.