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Coinbase rolls out AI tool to ‘give any agent a wallet’

The Block
Coinbase launched Agentic Wallets, infrastructure enabling autonomous AI agents to independently hold funds and transact on the blockchain.

Summary

Coinbase has introduced "Agentic Wallets," the first wallet infrastructure specifically designed for autonomous AI agents, allowing them to independently manage funds, send payments, trade tokens, and earn yield on-chain with built-in security.

This tool builds upon the x402 protocol, which Coinbase is developing with other stakeholders to support autonomous crypto payments without human intervention. Agentic Wallets is presented as a plug-and-play solution that advances Coinbase's previous AgentKit, enabling agents to transact on behalf of users based on pre-set permissions, such as automatically rebalancing yield opportunities.

The wallets initially support EVM chains and Solana, including gasless transactions on the Coinbase-incubated Base L2. Security features include programmable spending limits and session caps, with private keys isolated within secure Coinbase infrastructure, never exposed to the agent's LLM. Coinbase developers state this marks a shift from AI agents that advise to agents that execute autonomously within trusted guardrails.

(Source:The Block)