Coinbase Expands Onchain Push With Vector Acquisition

Crypto exchange Coinbase (COIN) announced an agreement to acquire Vector, an onchain trading platform built on the Solana (SOL-USD) blockchain. The deal is expected to close by year-end, with financial terms undisclosed.

Enhancing Coinbase’s Onchain Trading Experience

Coinbase said Vector’s technology will be integrated into its consumer trading experience, enabling users to access:

Broader onchain markets
Faster and cheaper trading
Expanded global liquidity
24/7 decentralized market access

This aligns with Coinbase’s vision to build “the everything exchange”—a full-service hub for all onchain trading activity.

Solana Ecosystem at the Center of Coinbase’s Strategy

Coinbase emphasized that Solana is a major part of its long-term roadmap:

Solana is one of the fastest-growing ecosystems for building and trading
Vector’s infrastructure will directly connect to Coinbase’s DEX integrations
The aim is to improve liquidity, speed, and access to more Solana-based assets

Market Reaction

Shares of COIN rose 0.6% in premarket trading following the announcement.