Coinbase snaps up Solana-based Vector.fun in tenth 2025 acquisition
Coinbase has agreed to acquire Vector.fun, a decentralised exchange built on Solana. The deal marks the company’s tenth purchase in 2025, tripling its annual acquisition rate. Vector.fun specialises in memecoin trading and trader analytics but will close its apps after the takeover.
Coinbase’s buying spree this year began in March with Simplex, followed by Tagomi in April and Bison Trails in May. Earlier acquisitions also included Deribit and Echo. The company’s strategy focuses on firms with strong product development and scalability.
Vector.fun’s team of 13 employees will join Coinbase after the deal. The platform’s infrastructure will help expand decentralised trading support for Solana users. However, its mobile and desktop apps will no longer operate once the acquisition completes.
The company’s financial position improved significantly in 2024 and 2025, allowing for more aggressive expansion. While Coinbase explored a $2 billion deal for BVNK, negotiations ended without an agreement.
The Vector.fun acquisition adds Solana-based trading capabilities to Coinbase’s services. All 13 of the platform’s staff will transition to the company. With nine deals already closed this year, Coinbase continues to build its presence in decentralised finance.
