financetom
Business
financetom
/
Business
/
Coinbase to Snap Up Solana-Based DEX Vector as Acquisition Spree Continues
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Coinbase to Snap Up Solana-Based DEX Vector as Acquisition Spree Continues
Nov 21, 2025 7:35 AM

Coinbase is adding another Solana ( HSDT )-focused piece to its growing trading empire with the acquisition of Vector, an on-chain trading platform built natively for Solana’s high-speed environment.

The companies didn’t disclose financial terms, but the deal is expected to close before the end of the year, according to a blog post.

Vector’s team and technology will be absorbed into Coinbase’s consumer trading division, where they’ll help accelerate support for newly issued Solana ( HSDT ) assets, improve order routing, and strengthen the exchange’s broader DEX-facing infrastructure.

Once the deal finalizes, Vector’s standalone mobile and desktop apps will wind down, though the Tensor Foundation — which oversees the Tensor NFT marketplace and its token — will continue operating independently.

The acquisition extends Coinbase’s rapid deal-making streak. This marks the exchange’s ninth purchase of 2025 following deals to buy Echo for $375 million and options exchange Deribit for $2.9 billion among others.

The Vector deal comes as Solana's ( HSDT ) cumulative DEX volume crosses the $1 trillion market this year, with Coinbase seemingly intent of expanding across an ecosystem that was buoyed by memecoin mania at the turn of the year.

Coinbase framed the move as another step toward building an “everything exchange.” For traders, that could mean faster access to new tokens and smoother execution across Solana’s fast-moving markets.

The company says more integrations are on the horizon as it continues expanding its on-chain trading capabilities.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Why Is Clothing Company Guess Stock Diving Today?
Why Is Clothing Company Guess Stock Diving Today?
Aug 29, 2024
Guess?, Inc. ( GES ) shares are trading lower after the company reported second-quarter results yesterday and cut its FY25 adjusted EPS guidance below estimates. Net revenue rose 10% Y/Y to $732.6 million, beating the consensus of $729.96 million. On a constant currency basis, revenue grew by 13% Y/Y. Adjusted EPS of $0.42 missed the street view of $0.43. Europe revenues grew 5% Y/Y, Americas...
Spire Global Signs Amendments to Blue Torch Capital Credit Deal to Waive Default
Spire Global Signs Amendments to Blue Torch Capital Credit Deal to Waive Default
Aug 29, 2024
07:52 AM EDT, 08/29/2024 (MT Newswires) -- Spire Global ( SPIR ) said Thursday it signed amendments on its current financing deal with Blue Torch Capital, waiving a potential default. The amended deal waives events of default arising out of Spire's debt to EBITDA leverage ratio for fiscal quarter ended June 30 exceeding the maximum ratio, and failure to deliver...
Dentalcorp to Buy Back Near 2% of Voting Shares
Dentalcorp to Buy Back Near 2% of Voting Shares
Aug 29, 2024
07:50 AM EDT, 08/29/2024 (MT Newswires) -- dentalcorp Holdings (DNTL.TO) on Thursday said it will buy back up to 3.6 million subordinate voting shares, or 2% of its outstanding shares, from September 3 for one year. Under its previous stock buyback, which expired on May 15, dentalcorp repurchased 1.5 million subordinate voting shares at a volume weighted average purchase price...
Top Premarket Gainers
Top Premarket Gainers
Aug 29, 2024
07:40 AM EDT, 08/29/2024 (MT Newswires) -- BioCardia ( BCDA ) shares were up over 128% pre-bell Thursday after the company said overnight it secured the US Food and Drug Administration clearance for its Morph DNA Steerable Introducer product. Autozi Internet Technology ( AZI ) stock was nearly 51% higher, rebounding from Wednesday's fall. BranchOut Food ( BOF ) shares...
Copyright 2023-2026 - www.financetom.com All Rights Reserved