Coinbase and Perplexity AI: The Odd Couple of Crypto

So, Coinbase and Perplexity AI have decided to join forces, like a tech version of peanut butter and jelly. The goal? To make it easier for crypto traders to get their hands on real-time market data. Because, you know, who doesn’t love a good data sandwich? 🍞

The first phase of this grand experiment is already up and running. Perplexity is now using Coinbase’s market data, including the COIN50 index, to break down crypto price movements. This data is available through Comet, Perplexity’s new AI-powered web browser. It’s like having a financial wizard in your pocket, minus the wand and the pointy hat. 🧙‍♂️

Users can now dive into the nitty-gritty of price changes right on the platform. And here’s a fun fact: apparently, as many people are searching for crypto as they are for stocks. Who knew? It’s like the crypto world is having its own coming-out party. 🎉

The second phase of this partnership will let Perplexity’s AI use Coinbase data to answer users’ questions. Traders will be able to ask about market trends, find new trade ideas, and analyze specific cryptocurrencies. All through a conversational AI interface. It’s like having a chat with your financial advisor, but without the awkward small talk. 🗣️📊

Brian Armstrong, the CEO of Coinbase, is so excited about this that he’s practically bouncing off the walls. He thinks that improved crypto functionality might help AI make a 10x breakthrough. A future where cryptocurrency wallets are integrated into large language models (LLMs) is his new favorite daydream. 🌈

For now, he’s content with the idea that “This new access to reliable real-time data via increasingly intelligent LLMs will help lots more people make smart, informed decisions about crypto.” He also took a moment to praise Arav Srinivas, CEO of Perplexity, and his team, saying he’s thrilled to start this journey with them. 🚀

Read More

2025-07-10 20:51