Coinbase Empowers Autonomous Crypto Trading with Agentic Wallets

Coinbase has launched Agentic Wallets, a new infrastructure that enables AI agents to spend, earn, and trade cryptocurrency autonomously. According to programmers Erik Reppel and Josh Nickerson, this feature builds on existing agents that answer questions and assist with tasks but cannot execute trades on behalf of users.

The next generation of agents will act rather than just advise, the pair wrote in a post. AI agents will monitor decentralized finance positions, rebalance portfolios, pay for compute and API access, and participate in creator economies.

Agentic Wallets expand Coinbase's AgentKit framework, introduced in November 2024. AgentKit enabled developers to embed wallets into agents. The agents transact via Coinbase's x402, a payments protocol built for autonomous AI use cases that has already processed 50 million transactions.