Coinbase Acquires Vector.fun to Enhance Solana Trading Reach

Coinbase announced a significant move in its blockchain strategy by acquiring Vector.fun, aiming to broaden Solana trading access and integrate the platform’s technology into its own infrastructure. The acquisition signifies a strategic shift as Coinbase seeks to further diversify its offerings on the Solana network. 13 employees from Vector.fun will join Coinbase, contributing their expertise to enhance Solana-specific features within Coinbase’s primary app. The deal will also allow users to trade on other decentralized exchanges (DEX) built on Base, Coinbase’s own blockchain chain, expanding trading options beyond its existing offerings.