As interest grows in artificial intelligence systems that can act independently, Coinbase has unveiled a new product aimed at closing a key gap in blockchain-based automation. The US-based cryptocurrency exchange announced the launch of Agentic Wallet on Wednesday, designed to allow AI agents to carry out financial actions without constant human control.
The launch comes at a time when agentic AI systems are gaining traction for their ability to analyse data and make decisions on their own. However, real-world execution using actual funds has remained limited due to security risks and the need for manual key management. Coinbase said its new infrastructure solves this issue by offering wallets built specifically for autonomous AI use.
In a post on its Developer Platform, the company described Agentic Wallets as the first wallet system designed for AI agents rather than human users. The wallets are built on Coinbase’s existing AgentKit framework, which focuses on embedding wallet functions directly into AI agents. The new offering provides pre-configured wallets that agents can adopt quickly.
With Agentic Wallets, AI agents can hold assets such as USDC, send and receive payments, trade tokens, and earn yield. These actions can be performed without giving agents direct access to private keys. The system includes a library of built-in skills covering authentication, funding, asset transfers, trading, and yield generation. These tools are available through a dedicated GitHub repository, allowing developers to extend agent capabilities without managing complex transaction processes.
On the security front, Coinbase said the wallets are non-custodial. Private keys are stored inside Trusted Execution Environments within Coinbase’s infrastructure. Programmable controls are used to set session spending limits, cap transaction sizes, and apply Know Your Transaction checks to flag potentially risky activity. The wallets are also supported by the full security and compliance framework of the Coinbase Developer Platform.
Payments are powered by the x402 protocol, which is designed for machine-to-machine transactions, API paywalls, and programmatic access. The protocol has processed more than 50 million transactions so far. The system also supports gasless trading on Base, Coinbase’s Ethereum layer-2 network, removing transaction fee barriers for ongoing operations.
According to Coinbase, possible use cases include AI agents that automatically adjust market positions, machine-driven economies where agents pay for compute or data, and agentic commerce models that allow independent monetisation and participation in creator networks. The rollout begins with strong support on Base, with multi-chain expansion noted as a future option.
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