Coinbase Buys Vector.fun to Boost Solana Trading Access

Coinbase buys Vector.fun to expand Solana trading and advance its “everything exchange” vision as crypto M&A hits record highs in 2025.

Coinbase moved deeper into Solana markets as it confirmed plans to buy Vector.fun in a year marked by heavy acquisition activity. The company continues to accelerate its strategy to broaden access to decentralized trading. It now sets its focus on Solana’s fast-growing ecosystem through the Vector.fun deal. 

According to a report by Fortune, the acquisition supports Coinbase’s effort to position its main app as a universal trading gateway. It also reflects the company’s attempt to capture rising demand for memecoin trading and high-speed decentralized platforms.

Coinbase Builds Toward an “Everything Exchange”

Max Branzburg, Coinbase’s vice president of product management, said the company wants users to trade any asset they prefer. He explained that Coinbase aims to create an app that supports broad asset access. Moreover, he stated that Vector.fun’s technology strengthens that mission. 

The platform hosts a community that tracks trading behavior and follows market trends across Solana. Coinbase intends to link this activity to its main interface. Hence, users can explore more tokens through decentralized channels.

The company will integrate parts of Vector.fun’s system into its existing infrastructure. Coinbase will discontinue the standalone Vector.fun app. Additionally, it will bring the platform’s team of 13 into its product organization. This shift helps Coinbase speed up its decentralized trading roadmap and scale Solana support faster.

Busy Year for Crypto M&A

Coinbase continues to dominate crypto dealmaking in 2025. The company recorded nine purchases this year, signaling a clear jump in activity. It acquired Deribit in May in a $2.9 billion agreement. It also bought Echo in October for $375 million. Besides that, Coinbase examined a potential deal with BVNK at a $2 billion valuation, although both companies eventually walked away.

Significantly, market conditions encouraged larger acquisitions across the sector. Data from Architect Partners showed more than $10 billion in crypto M&A volume during the third quarter. 

The total marked a new record. Ripple purchased GTreasury for $1 billion, while Kraken committed $1.5 billion to acquire NinjaTrader. Consequently, the landscape now reflects a wave of companies unifying technology, talent, and liquidity.