Coinbase Acquires Vector.fun to Enhance Decentralized Exchange Offerings

Coinbase’s latest acquisition is part of a strategic move to enhance its decentralized exchange (DEX) capabilities, marking its ninth purchase this year. The company has acquired Vector.fun, a decentralized exchange and social trading platform built on the Solana blockchain. Vector.fun’s innovative technology enables quick integration of new Solana assets, including meme coins, which will be incorporated into Coinbase’s DEX trading features.