Coinbase Partners with Perplexity AI to Enhance Crypto Trading

Coinbase (COIN) has partnered with AI search engine startup Perplexity AI to provide traders with easier access to real-time, trustworthy crypto market data, as announced on Wednesday by Coinbase CEO Brian Armstrong on X.

Objectives of the Partnership

This collaboration is aimed at helping users make faster and better-informed trading decisions. The partnership will integrate Coinbase’s market data directly into Perplexity’s AI tools.

Phase 1 Rollout

The integration begins today, with what Armstrong calls “Phase 1.” Coinbase’s market data will be incorporated into Perplexity’s Comet browser, a real-time search tool, allowing users to analyze market trends, monitor price actions, and explore token fundamentals through a live AI-powered interface.

Armstrong remarked, “Crypto is going mainstream,” citing that as many individuals are searching for information on cryptocurrencies as on traditional equities, according to Perplexity.

Future Phases

In the next phase, Coinbase data will be built directly into Perplexity’s conversational AI, enabling traders to screen for new trading ideas, track token performance, and analyze on-chain activity using natural-language queries.

Armstrong sees this deeper integration as part of a broader trend, anticipating enhanced crypto functionality to be a catalyst for AI’s next significant advancement. He expressed excitement about the future integration of crypto wallets into large language models (LLMs), heralding it as a major step toward a permissionless digital economy.

The Growing Intersection of Crypto and AI

The partnership underscores the increasing intersection between cryptocurrency and artificial intelligence—two sectors viewed as transformative yet still seeking practical synergy.

As of publication, COIN was down about 1%, trading at $370.60.

Disclaimer: Parts of this article were generated with AI tools and reviewed by our editorial team for accuracy and adherence to standards. For more, see CoinDesk’s full AI Policy.