Coinbase CEO Sees AI-Crypto Synergy as Key to Tenfold Market Growth

Coinbase has announced a partnership with AI startup Perplexity, aiming to provide traders with access to verified data and up-to-date information on the crypto market, according to the exchange’s CEO, Brian Armstrong.

Exciting update: Coinbase has partnered with @perplexity_ai to help traders get access to real-time trusted crypto data/info for better decision making.

The first stage is going live today, and there’s more to come:

Phase 1 (now): Perplexity is now ingesting our market data,… pic.twitter.com/4rze1q9WzL

— Brian Armstrong (@brian_armstrong) July 10, 2025

In the first phase, Perplexity has begun using market data, including the COIN50 index, for market analysis. The information is accessible through the Comet browser.

“Users can delve deeper into price movements to make more informed trading decisions. […] The Perplexity team reported that as many users search for information on cryptocurrencies as they do on stocks — an interesting statistic. Cryptocurrency is becoming mainstream,” Armstrong stated.

Going forward, information from Coinbase will be integrated into Perplexity’s responses to user queries. Users will be able to track market activity, search for trading ideas, and analyze token movements through an AI interface.

“I believe that enhanced cryptocurrency functionality will be a catalyst for AI and lead to another tenfold growth. Personally, I am most looking forward to the full integration of crypto wallets into LLM — this will be a huge step towards an open digital economy for everyone,” added the head of the American exchange.

The Union of Crypto and AI

Major crypto companies are gradually entering the artificial intelligence sector. In May, Aptos Labs CEO Avery Ching stated that AI agents need access to blockchain assets — cryptocurrencies, tokens, and tokenized instruments like real estate.

When AI agents gain access to such assets, they will be able to create personalized portfolios that match each user’s goals. As funds move on-chain, new opportunities will arise — for instance, using tokenized real estate as collateral for loans, Ching emphasized.

Later, Coinbase introduced the x402 tool for online payments. It is designed for transferring stablecoins via standard internet protocols and allows AI agents to conduct autonomous transactions.

The company noted that currently, providing agents with access to external context and APIs is a complex process with many manual settings. They do not allow bots to autonomously access external services. x402 removes one of the main obstacles to the autonomy of digital assistants — now they can independently pay for API calls without human intervention. The solution also allows content creators to monetize their activities.

In the same month, Tether announced a new platform for developing “infinite and ubiquitous intelligence,” which involves “launching and evolving” AI agents on user devices instead of large company data centers.

QuantumVerse Automatic Computer eliminates the need for cloud connectivity and provides greater privacy, autonomy, and resilience. Its modular architecture allows developers to create and expand applications using small composite elements.

Other major exchanges are also integrating artificial intelligence into their operations. In November 2024, Binance reported the use of Amazon Web Services’ generative AI in its products. It is intended to help improve user experience, customer support, automated diagnostics of internal systems, and troubleshooting.

In August, the company reported preventing the theft of more than $2.4 billion in user funds using the technology.

Back in April 2025, Bybit integrated a range of AI tools for clients and internal use.