Coinbase Expands AI Access to Stocks and Crypto
Coinbase is expanding its AI capabilities to include access to stocks and crypto, according to CEO Brian Armstrong. The company's financial account for AI, as described by Armstrong, will allow agents to manage routine expenses without human intervention.
The current Coinbase for Agents service already supports isolated portfolios, cryptocurrency trading, derivatives, equities, and portfolio management tools. Users can limit an agent's exposure by funding a separate portfolio with controlled account permissions.
Coinbase is also developing x402, a payment protocol that allows humans or machines to pay for online resources within an HTTP request. The planned functions include payments for research, data APIs, and computing resources consumed by an agent.