We’re bringing on the Solana-native team and technology behind Vector, an onchain trading platform that gives traders access to one of the most active, high-velocity trading ecosystems in crypto. According to Messari research, Solana’s decentralized exchange (DEX) volume for 2025 has already exceeded $1 trillion. This acquisition will help make Coinbase the best place to trade by broadening asset availability and improving the experience of trading assets through our DEX trading integration in Coinbase.
This year, we laid out our vision to build the everything exchange: a one-stop-shop for trading everything onchain, offering faster, cheaper, more global, and 24/7 accessible markets. To do that, we’re doubling down on the ecosystems where users are building, trading, and experimenting the most – Solana being a big part of that story. Vector’s team has deep Solana-native experience, plus infrastructure that can identify new assets the moment they’re created onchain or launched via major launchpads. Their tech will plug directly into our DEX trading integration to eventually improve speed, liquidity, and access to a broader set of assets across the Solana ecosystem.
This transaction is subject to customary closing conditions and is expected to close by year-end.
We’re excited to welcome the Vector team as we keep building toward one goal: making it easy for anyone, anywhere, to trade any crypto asset.
Plans for Vector and Tensor
As part of this integration, Vector’s current mobile and desktop apps will be sunsetted. As the company makes this transition, the Tensor Foundation – a community-governance group for the Tensor protocol – will remain independent from Coinbase and will steward the Tensor NFT marketplace and native token, which will also remain independent and unaffiliated with Coinbase.
Forward-Looking Statements
This blog contains forward-looking statements including, but not limited to, statements related to Coinbase’s anticipated closing of this acquisition as well as the integration of this acquisition and its expected benefits. These forward-looking statements are based on management’s beliefs and assumptions, and investors should not place undue reliance on any such forward-looking statements because they speak only as of the date they are made. Coinbase does not undertake any obligation to update or revise any forward-looking statements. In addition, forward-looking statements are subject to certain risks and uncertainties that could cause actual results, events and developments to differ materially from Coinbase’s historical experience and its present expectations or projections. These risks and uncertainties include, but are not necessarily limited to, those described in Coinbase’s filings with the SEC.