Cryptocurrency exchange Coinbase Global (NASDAQ: $COIN) has launched new artificial intelligence (A.I.) accounts that can execute trades on behalf of users.
Called “Coinbase for Agents,” the new platform allows A.I. agents such as ChatGPT and Anthropic’s Claude to connect directly to users’ accounts and carry out financial transactions.
The platform, which is now live, enables A.I. agents to trade cryptocurrencies such as Bitcoin (CRYPTO: $BTC), access market data, pay for online services, and make purchases.
More From Cryptoprowl:
Coinbase said the platform gives A.I. agents access to its advanced trading tools through natural language commands, allowing users to authorize tasks such as portfolio rebalancing and automated purchase and sales.
Right now, the A.I. agents can trade cryptocurrencies and derivatives, with stocks and prediction markets to be added in the future, according to Coinbase Global.
The crypto exchange said the launch is a step toward what it calls “agentic commerce,” or a future in which A.I. systems handle financial and commercial activity for humans.
The company says autonomous A.I. agents could account for as much as 20% of e-commerce activity by 2030.
To address security concerns, Coinbase said A.I. agents are limited by controls such as spending caps, trade limits, and restrictions on which services they can access.
COIN stock has declined 36% over the last 12 months to trade at $159.58 U.S. per share.
