Key Takeaways COIN plans to buy Vector.fun to expand access to Solana and integrate broader on-chain trading.The acquisition aligns with COIN's focus on enhancing crypto utility and building its on-chain future.This marks COIN's ninth deal this year as it accelerates growth through targeted acquisitions.Coinbase Global (COIN) is set to buy Vector.fun in its efforts to expand access to Solana. Vector is an on-chain trading platform built on Solana, and when integrated into COIN’s platform, will aid users in ...

Thai cryptocurrency exchange Bitkub is weighing an initial public offering in Hong Kong, according to people familiar with the discussions, a move that could strengthen the city’s push to position itself as a leading digital-asset hub in Asia. Key Takeaways: Bitkub is exploring a Hong Kong IPO after Thailand’s struggling stock market dampened prospects for a domestic listing. The exchange may seek to raise around $200 million, aligning with Hong Kong’s push to attract more global crypto and tech issuer ...

Upbit Nasdaq IPO. Photo by BeInCrypto South Korea’s biggest crypto exchange, Upbit, is now positioning for a potential Nasdaq IPO, following confirmation that tech giant Naver is preparing to acquire its parent company, Dunamu, in a landmark stock-swap merger. The move, expected to be approved at board meetings next week, would create one of Asia’s most powerful fintech–crypto conglomerates and accelerate Korea’s entry into US capital markets. Naver–Dunamu Merger Ignites Upbit’s Nasdaq IPO Reports, citi ...

The specialised meme-coin and social trading market has gained traction as users seek fast access to tokens and peer-driven content. Coinbase has announced a deal to purchase Vector, a Solana‑based social trading platform focused on meme coins and rapid asset launches, in another move to deepen its on‑chain trading capabilities. This acquisition comes as Coinbase continues an aggressive year of expansion, positioning itself to capture more activity on Solana’s booming ecosystem. What the Deal Looks Like ...

Cryptocurrency exchange Coinbase plans to acquire onchain trading platform Vector.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Because Vector’s platform is built on Solana, the acquisition will expand Coinbase’s ...

American crypto exchange Coinbase announced Friday that it has agreed to acquire social meme coin trading application, Vector. The acquisition will fold Vector’s technology into Coinbase’s DEX trading integrations as it aims to provide broader access to on-chain markets and improve its Solana trading experience.  “We've long supported Solana across our product portfolio, but we're excited to double down and build towards enabling all Solana assets on Coinbase with state-of-the-art trading by default,” Max B ...

Diane King Hall is joining us. Uh we start with the story about what we've seen in Bitcoin and I was noting the selloff and institutional outflows as folks are nervous about private credit or no rate cut or whatever and u that's taken Coinbase down along with it. It has uh today right now at the moment it's moving in locked up with the uh optimism that we're seeing on Wall Street but it has been under pressure and in fact in the pre-market it was indicating lower but right now we're seeing a little bit of b ...

South Korean crypto exchange giant Upbit is in the final stages of acquisition. Source: Universal History Archive/Universal Images Group via Getty Images. Key Takeaways Naver is preparing to acquire Dunamu, the parent company of Upbit, South Korea’s largest crypto exchange. Both companies are expected to finalize the deal at board meetings next week. The acquisition will be structured as a stock swap through Naver Financial. South Korea’s largest tech giant and its largest crypto exchange are on t ...

Investigators found that the exchange Kyrrex operated inside a larger exchange, HTX, and handled wallets linked to hackers, fraudsters, sanctioned actors and criminal networks. According to a report by the International Consortium of Investigative Journalists, “dozens of investors” have lost roughly $6.5 million through Kyrrex-controlled wallets. The investigative report found that the Kyrrex exchange was registered in St. Vincent and the Grenadines and used “nested” operations to hide its affiliation wi ...

Group 1 - Coinbase is preparing to launch a prediction market business, allowing cryptocurrency customers to bet on events such as elections and sports, supported by technology from Kalshi [1] - The announcement of the prediction market and other products is expected during the "Coinbase System Update" event on December 17 [1] - This move is part of Coinbase's strategy to become an "all-in-one exchange," with CEO Brian Armstrong exploring opportunities in the prediction market sector [2] Group 2 - The prediction market sector is becoming increasingly competitive, with companies like Polymarket and Crypto.com also entering the space [1][3] - Coinbase's collaboration with Kalshi may not be exclusive, as the company has investments in both Polymarket and Kalshi, potentially creating new revenue streams [3] - Kalshi has recently expanded its business by hiring Max Crowley as VP of Business Development and Saurabh Tejwani as CFO, with plans for an IPO in the future [4] Group 3 - Kalshi raised over $300 million in funding, achieving a valuation of $5 billion, a significant increase from $2 billion in June [4] - Polymarket also secured up to $2 billion in funding from the Intercontinental Exchange, reaching a valuation of $8 billion [4]