Coinbase teams with Perplexity to bring crypto data into AI search

Coinbase has partnered with Perplexity AI to deliver real-time crypto market data through AI-powered tools. The integration will begin with Coinbase’s COIN50 index on Perplexity’s Comet browser, followed by a deeper rollout enabling direct access to token insights and trade ideas through natural language queries.

CEO Brian Armstrong described the collaboration as a step towards a more intelligent and decentralised financial system. He said the fusion of AI and crypto could be a ’10x unlock,’ adding that the future lies in integrating crypto wallets into large language models (LLMs).

No release date has been confirmed for the second phase.

The initiative aligns with Coinbase’s belief that crypto will become the financial backbone of AI. Mark Troianovski, the firm’s head of partnerships, highlighted the importance of building ‘AI-native ways to trade’ and stressed the need for safeguards as AI tools handle on-chain data.

He noted that blockchain’s transparency and programmability offer unique advantages for secure and accessible transactions.

AI-related tokens now represent roughly $26.5 billion in market capitalisation, underscoring a broader trend in the convergence of AI and blockchain. Armstrong called the partnership a significant advance in helping people make more intelligent decisions through real-time, reliable data.

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