Overview
- Coinbase confirmed the agreement and expects to close by year-end subject to customary conditions, with financial terms undisclosed.
- Vector’s technology and 13-person team will be integrated into Coinbase’s consumer trading stack to expand on-chain access to Solana assets.
- Vector’s mobile and desktop apps will be sunsetted, with users able to transfer assets by Nov. 26 and a four-year window to export private keys afterward.
- The Tensor NFT marketplace and its TNSR token will remain under the Tensor Foundation, with Coinbase unaffiliated as TNSR saw sharp price swings around the news.
- This marks Coinbase’s ninth acquisition of 2025 as it builds an “everything exchange,” aligning with Solana DEX volumes reported above $1 trillion this year.