American crypto replace Coinbase launched Friday that it has agreed to internet social meme coin buying and selling utility, Vector.
The acquisition will fold Vector’s technology into Coinbase’s DEX buying and selling integrations because it aims to present broader discover admission to to on-chain markets and enhance its Solana buying and selling expertise.
“Now we bear prolonged supported Solana across our product portfolio, but we’re mad to double down and set in direction of enabling all Solana sources on Coinbase with remark of the art buying and selling by default,” Max Branzburg, vp of product at Coinbase, posted on X.
I’m mad to allege that right this moment time we’re expanding our support for the Solana ecosystem at @Coinbase with an settlement to internet @VECTORDOTFUN, an onchain buying and selling platform built on @solana.
It’s great indispensable to us that we’re offering the fitting doable experiences to… https://t.co/80cevFE7hd
— Max Branzburg (@maxbranzburg) November 21, 2025
“By bringing in the fitting-in-class physique of workers and tech, we’ll be in a arrangement to tempo up our vision of enabling lightning-speedily buying and selling for each asset on Solana, as shortly because it’s created, and amplify our capabilities from there,” he added.
When requested about terms of the deal, a guide for Coinbase merely educated Decrypt that the acquisition did now not bear a critical affect on its financials.
Vector’s social meme coin buying and selling app used to be launched ultimate 12 months by the physique of workers late Solana NFT market, Tensor.
Whereas Coinbase is bringing in the technology and physique of workers late Vector, the present Tensor market ownership will most probably be passed to the Tensor Foundation, which also stewards the Solana-essentially based mostly TNSR token.
Coinbase will dwell self sustaining and unaffiliated with the Tensor NFT market and the TNSR token.
No topic keeping its distance from the TNSR token, the token skilled a apparently random surge in tag earlier this week, main to questions amongst crypto users about who used to be buying forward of the announcement.
about a questions here:
1) who used to be buying this token pre-acquisition announcement
2) who’s going to lope @tensor_hq (buying and selling at $220m fdv) if the physique of workers and utterly different asset is inspiring to @coinbase
——-
i deem (2) has correct retort, but it’ll aloof be communicated w/ public token buying and selling https://t.co/2bs0Ob4adx pic.twitter.com/N9vkANY7ks— Mike Dudas (@mdudas) November 21, 2025
TNSR has jumped more than 300% in the final observe seven days, even while the broader crypto market has skilled a critical selloff. Now altering hands at $0.19, it stays more than 91% off its all-time excessive of $2.28.
On story of the deal, all unvested TNSR tokens belong to Tensor Labs and its founders—spherical 22% of the total provide of the token—will most probably be burned, or permanently faraway from the circulating provide. The additional vesting tokens were relocked for three more years.
Customers of Vector will most probably be in a arrangement to switch out their sources by November 26 because the cellular and desktop functions will most probably be sunsetted. If they miss the deadline, then they’re going to bear four years to export their inside most keys to a brand unique wallet.
The deal is the ninth acquisition from Coinbase this 12 months. The main American crypto replace added crypto fundraising platform Echo for $375 million in October, but only in the near past walked far from talks to internet stablecoin platform BVNK at a reported tag spherical $2 billion.
Shares of COIN are up down about 2% on Friday and more than 31% in the final observe month, only in the near past altering hands at $233.
