Coinbase Launches AI Agent Wallets for Crypto Trading

The next generation of agents will act rather than just advise, the pair wrote in a post.

Crypto News

Coinbase

Agentic Wallets on Wednesday, a new infrastructure allowing AI agents to spend, earn, and trade crypto autonomously. Programmers Erik Reppel and Josh Nickerson said the 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

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.

Through x402, agents acquire API keys, purchase compute, access premium data streams, and pay for storage autonomously. This creates self-sustaining machine economies, the programmers stated.

Reppel and Nickerson said agents can operate on Base, the Ethereum

network. Agents will manage positions and execute strategies wherever opportunities exist. Users can set controls and permissions allowing agents to monitor yields across protocols, execute trades on Base, and manage liquidity positions 24/7.