Coinbase CEO Says Crypto Integration Could Be '10x Unlock' for AI
Coinbase has partnered with Perplexity AI to provide real-time AI-powered crypto data for traders. The integration will occur in two phases, starting with Perplexity focusing on Coinbase market data, including the COIN50 index, accessible via the Comet browser. Coinbase CEO Brian Armstrong anticipates this collaboration will significantly enhance crypto functionality and envisions future integration of crypto wallets into large language models (LLMs). Coinbase aims to position crypto as the financial system for AI, emphasizing the need for secure and programmable transaction methods. The market capitalization for AI-related tokens is approximately $26.5 billion. Phase 2 will integrate Coinbase market data into Perplexity’s responses, allowing users to monitor market activity and access trade ideas through natural language queries. Armstrong advocates for minimal regulation of AI to encourage growth and believes this partnership will enable informed decision-making in crypto.
