Tech, crypto giants to help steward Coinbase’s neutral x402 payments protocol under Linux Foundation
The Block
The x402 Foundation is moving its Coinbase-incubated agentic payments protocol to the Linux Foundation to ensure neutral, community-governed development.Summary
The x402 Foundation has announced that its agentic payments protocol, originally incubated by Coinbase, will transition to the Linux Foundation. This move aims to establish a vendor-neutral, open-source environment for the protocol's development. A diverse group of major tech, finance, and crypto firms—including Amazon Web Services, Google, Mastercard, Microsoft, and Visa—will join the stewardship of the project. The protocol, named after the HTTP 402 status code, is designed to support the emerging agentic economy by facilitating payments across both crypto and legacy financial rails.
(Source：The Block)