Coinbase (COIN), the largest cryptocurrency exchange in the US, is maintaining an aggressive acquisition strategy, recently committing to acquire the Solana-based trading platform Vector.fun.

Max Branzburg, Coinbase’s Vice President of Product Management, confirmed to Fortune that the deal is expected to close by the end of the year, although he did not disclose the specific terms of the acquisition.

Coinbase’s Ninth Acquisition Of The Year

Vector.fun operates as a decentralized exchange (DEX) on the Solana blockchain, primarily catering to users trading memecoins . The platform features unique functionalities, allowing users to track and mimic the investments of other traders.

As part of the acquisition process, Coinbase plans to shut down Vector.fun’s mobile and desktop t

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