🔥 BitDegree partnered with Ogvio - a free international money transfer service! Sign up now & grab Rewards! 🎁

Coinbase's Agentic Wallets Turn AI Agents into Independent Crypto Traders

Key Takeaways

  • Coinbase introduces Agentic Wallets that let AI agents hold crypto, trade, make payments, and manage assets without human input;
  • The system expands AgentKit and uses the x402 protocol, which supports autonomous payments and has handled about 50M transactions;
  • AI agents gain new abilities on Base, where they can shift assets, react to yield changes, and run strategies with full independence.

Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁

Coinbase's Agentic Wallets Turn AI Agents into Independent Crypto Traders

Coinbase $1.94B has released new wallet tools built for artificial intelligence (AI) agents that can hold crypto, make payments, earn funds, and trade on their own.

In a blog post released on February 11, Coinbase engineers Erik Reppel and Josh Nickerson explained that today’s AI tools can answer questions, summarize files, and assist with basic tasks.

They cannot place trades or carry out financial actions for users. The new Agentic Wallets feature is meant to fill that gap.

What is a Crypto Mining Pool? Is it Worth it? (Beginner-Friendly)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

Reppel and Nickerson said, “The next generation of agents won't just advise, they'll act". They added that agents will be able to check DeFi positions, adjust portfolios, pay for computing needs, access APIs, and join creator platforms.

Reppel and Nickerson noted that Agentic Wallets extend the earlier AgentKit framework released in November 2024. AgentKit gave developers a way to add wallets to agent systems. The updated version builds on that foundation and allows agents to operate with greater independence.

All transactions run through Coinbase’s x402 protocol. It is designed for AI-driven payments and has already processed about 50 million transactions.

Reppel and Nickerson explained, "Agents acquire API keys, purchase compute, access premium data streams, and pay for storage, all autonomously, creating truly self-sustaining machine economies".

The engineers also stated that agents will be able to operate on Base, Coinbase’s Ethereum ETH $1,960.57 Layer-2 network. They can move assets, run strategies, and manage positions whenever needed.

Recently, Coinbase's Base App announced plans to end its Creator Rewards program and its social feed that relied on Farcaster. What did Jesse Pollak say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

Loading...
binance
×
Verified

ZERO FEES

For Ogvio Money Transfers
Rating
5.0