Coinbase Launches Agentic AI Wallets as COIN Drops 6%

⬤ Coinbase just rolled out “Agentic Wallets,” a new crypto wallet framework built for autonomous AI agents to transact on-chain without human input. According to CryptosRus, the product targets machine-to-machine activity, letting software agents trade BTC, manage DeFi positions, and pay for services under programmable controls.

⬤ Coinbase says the wallets run with programmable spending limits and keys protected by trusted execution environment security, operating on Base with gasless transactions. The goal is letting autonomous software handle routine on-chain tasks without manual signing each time, pushing crypto payments and smart-contract interactions toward automation. The design also raises the stakes for crypto wallet security.

⬤ The launch came with high-profile commentary linking crypto and AI as parallel growth themes. In a brief public exchange, Coinbase CEO Brian Armstrong echoed the view that “crypto and AI are just getting started,” reinforcing the narrative that both technologies remain early in their adoption curve. Market reaction was cautious, with COIN down about 6% as traders processed the shift toward automated agents. A separate TheTradable report also highlighted how COIN shares fell about 6% during another major Coinbase-related headline cycle.

⬤ The rollout matters because agent-driven wallets extend crypto infrastructure from user-initiated actions toward programmable, autonomous transactions. If this model catches on, it could accelerate machine-to-machine payments and automated DeFi operations, while keeping attention on permissioning, key security, and operational risk as the ecosystem experiments with AI-native financial behavior.