Coinbase Launches AI Agents Feature to Manage Trading, Payments, & Workflows

Ledger
Bitbuy


Coinbase crypto exchange on Thursday launched a new tool that connects AI agents to accounts for trading, payments, and workflow execution. COIN stock jumped more than 3% after the announcement.

Coinbase for Agents Goes Live on the Crypto Exchange

Coinbase for Agents will initially allow agents like ChatGPT or Claude to execute crypto trades using Large Language Models (LLMs), according to an official announcement. It will eventually expand these capabilities to stocks and predictions.

Users can give their favorite AI agent a prompt such as rebalancing portfolios, identifying trading opportunities, executing strategies, and managing positions over time.

AI agents can manage investment portfolios by rebalancing Bitcoin, Ethereum, XRP, Solana and crypto based on giving data on target allocation and setting limit orders if the market drops by a certain percentage.

coinbase

The crypto exchange has also integrated the Coinbase Advisor agent to provide recommendations and guidance directly to users. It’s an SEC and CFTC-registered financial advisor.

In addition, Coinbase’s machine-to-machine payments protocol x402 will enable AI agents to pay directly for digital services like paywalled research, data APIs, and on-demand compute without a human in the loop and execute trades based on those insights.

“The whole idea is to give agents access to money and, through that financial independence, improve their set of capabilities to pretty much anything on the internet,” said Lincoln Murr, AI product lead at Coinbase.

CEO Brian Armstrong on Agentic Finance

Coinbase CEO Brian Armstrong also took to X and announced the launch of Coinbase for Agents. “Now you can use your favorite AI agent to control your Coinbase account,” he added. Brian Armstrong also shared a quick demo on how to set it up and some of the cool things users can get AI agents to do.

This comes amid the AI boom, where agentic systems are among the most discussed investing strategies. At the same time, the crypto sector is facing pressure, making the launch both a hype-aligned bet on AI and a contrarian push into a softer trading environment.

Coinbase earns trading fees on agent-executed trades. For payments, it captures fees and spreads on USDC that serves as the settlement currency for agentic transactions. It also benefits from increased transaction volume on its Layer 2 blockchain Base.

Brian Armstrong earlier claimed there are going to be more AI agents than humans making transactions. He said, “They can’t open a bank account, but they can own a crypto wallet. Recently, Coinbase backed Mastercard’s AI agent payment system.

As a result of the Coinbase for Agents launch, COIN stock has jumped 3.51% to $159.38 on Thursday. However, the stock is still down more than 26% in a month.





Source link

Ledger

Be the first to comment

Leave a Reply

Your email address will not be published.


*