Coinbase has added another major deal to its accelerating 2025 acquisition strategy, announcing that it will purchase Vector, a decentralized platform operating on the Solana blockchain.
The company confirmed the transaction on Friday, describing Vector’s technology and team as key elements in its push to become what it calls an “everything exchange.”
Coinbase did not disclose the financial terms of the agreement, but emphasized that Vector will enhance activity on its platform through improved “DEX trading integration.”
“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,” Coinbase said.
Strategic Push Toward Full-Spectrum Crypto Trading
Vector’s addition represents another step in a long line of aggressive acquisitions by Coinbase this year.
The exchange has already announced purchases spanning blockchain advertising, browser technology, crypto options trading, token tokenization and crowdfunding — including Spindle, Roam, Liquifi, Deribit and Echo.
This consolidation wave is part of Coinbase’s effort to expand functionality amid rising competition from decentralized platforms and emerging public-market rivals.
The integration of Vector is expected to strengthen Coinbase’s decentralized trading footprint while reinforcing its presence across multiple blockchain ecosystems.
Regulatory Ambitions Trigger Bank Pushback
While expanding its business portfolio, Coinbase is also awaiting a decision from US regulators on its application for a National Trust Company Charter.
Approval would allow the exchange to operate a federally regulated trust institution under the Office of the Comptroller of the Currency.
Several US banks have pushed back on the proposal, warning that Coinbase would be entering a regulatory environment where “untested” elements of crypto custody remain a concern.
The outcome of the application could carry wide implications for how crypto platforms structure future operations in the United States.
Meanwhile, US Crypto Firms Move Toward Public Markets
As Coinbase continues its acquisition campaign, other major US crypto companies are pursuing public listings that may challenge its market dominance.
In the past two weeks, both Grayscale Investments and Kraken submitted filings connected to potential IPOs.
Coinbase was one of the earliest major crypto firms to go public, debuting on Nasdaq in 2021, but new entrants are rapidly expanding the field.
Gemini, led by Cameron and Tyler Winklevoss, began trading on Nasdaq in September.
Exchange operator Bullish also made its public debut in August on the New York Stock Exchange, reflecting a broader shift in which crypto platforms are seeking traditional market access to support growth.