As AI agents move surpasses human movement on the Internet, companies in commerce and finance are creating tools that allow agents to take action on behalf of users at a rapid pace. Days after trading platform Robinhood introduced agents that can trade for users, Coinbase has launched its own agents that can execute trades and pay for high-quality research.
The company said on Thursday that users can integrate the agent with their main account and start trading. If users don’t want to give the agent access to their main account, they can choose to have it run in a separate test environment.
Coinbase noted that the agent can use tools such as Coinbase Advanced, the company’s platform for professional traders that includes additional features such as TradingView charts to analyze and execute trades. Users can ask the agent to rebalance their portfolio, ask them to follow an investment thesis and trade on their behalf, or advise on a one-time crypto trade.
Currently, the broker can trade in spot and derivative crypto markets, with support for stocks and forecast markets planned for the future. Coinbase added that it will soon add support for custom limits, such as maximum transaction size, which services the agent can interact with, and how much they can spend.
Coinbase is taking advantage the x402 open payment protocol launched in partnership with AWS, Anthropic, Circle and Near last year. Using this template, the agent can pay for premium research data APIs and calculate on-demand transaction information without requiring a login or subscription. This website lists services that the agent can access via the x402 protocol.
The trading platform has been actively investing in AI tools in recent years. Launched AgentKit, which allows programmers to integrate automated wallets into their apps by 2024. Last December, it added a Application assistant with artificial intelligence which provides trading advice and financial advice. The company said the latest agent launch can also work on ChatGPT or Claude via its MCP server.
“Coinbase for Agents is informed by insights gained from years of building the agent economy, and the primary goal is to create agents that can trade. And unlike the net trading platforms, we are the only ones that combine exchange access with a native payment protocol. Our goal is to create a fundamentally different product for a future where most of the Internet access is Linadgentr.” Product, he told TechCrunch via email.
AI companies are rapidly exploring proxy payments through new partnerships. Last month, Visa invested in Replit to boost reseller payments for developers. The payments network company struck a deal with OpenAI this week explore similar products. The industry’s growth rate has made global financial regulators take notice. The Financial Stability Board (FSB) said there should be strong safeguards are in place to mitigate the risks of artificial intelligence.
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