PANews reported on November 21 that, according to Fortune magazine, Max Branzburg, Coinbase's Vice President of Product Management, revealed that Coinbase has agreed to acquire Vector.fun, a trading platform within the Solana ecosystem, with the transaction expected to close by the end of the year. He declined to disclose the terms of the acquisition. Vector.fun, a decentralized exchange focused on Meme coin trading, will have all 13 of its team members join Coinbase. Following the acquisition, Vector.fun's existing application will be shut down, and its technology will be used to enhance the decentralized trading functionality of the Coinbase application, enabling users to directly trade Solana ecosystem assets through Coinbase, breaking through the current limitation of only supporting on-chain trading on the Base chain.PANews reported on November 21 that, according to Fortune magazine, Max Branzburg, Coinbase's Vice President of Product Management, revealed that Coinbase has agreed to acquire Vector.fun, a trading platform within the Solana ecosystem, with the transaction expected to close by the end of the year. He declined to disclose the terms of the acquisition. Vector.fun, a decentralized exchange focused on Meme coin trading, will have all 13 of its team members join Coinbase. Following the acquisition, Vector.fun's existing application will be shut down, and its technology will be used to enhance the decentralized trading functionality of the Coinbase application, enabling users to directly trade Solana ecosystem assets through Coinbase, breaking through the current limitation of only supporting on-chain trading on the Base chain.
Coinbase to acquire Solana ecosystem trading platform Vector.fun
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PANews reported on November 21 that, according to Fortune magazine, Max Branzburg, Coinbase's Vice President of Product Management, revealed that Coinbase has agreed to acquire Vector.fun, a trading platform within the Solana ecosystem, with the transaction expected to close by the end of the year. He declined to disclose the terms of the acquisition.
Vector.fun, a decentralized exchange focused on Meme coin trading, will have all 13 of its team members join Coinbase. Following the acquisition, Vector.fun's existing application will be shut down, and its technology will be used to enhance the decentralized trading functionality of the Coinbase application, enabling users to directly trade Solana ecosystem assets through Coinbase, breaking through the current limitation of only supporting on-chain trading on the Base chain.
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