Coinbase, one of the world’s leading cryptocurrency exchanges, has partnered with Perplexity AI, an innovative search engine powered by artificial intelligence. The collaboration, announced by Coinbase CEO Brian Armstrong, aims to bring real-time crypto market data directly into Perplexity’s platform.
This partnership represents a significant step in merging artificial intelligence with blockchain technology, making it easier for users to get accurate and up-to-date information about digital assets.
Phase One: COIN50 Data Now Live on Perplexity’s Browser
The integration between Coinbase and Perplexity will happen in two stages. In the first phase, which has already begun, Perplexity’s new web browser called Comet, now pulls live market data from Coinbase. This includes prices from the COIN50 index, a collection of the top 50 digital assets on Coinbase.
Users searching for crypto-related questions on Comet will now receive responses powered by this real-time data, giving them a better understanding of current market trends and pricing without needing to visit separate crypto platforms.
Phase Two: AI Answers with Embedded Market Data
The second stage of the rollout is expected to launch soon. In this phase, users who ask Perplexity questions about cryptocurrencies will get answers that include direct links to market data hosted by Coinbase. This will deepen the connection between Perplexity’s AI and Coinbase’s trading infrastructure.
This upcoming feature aims to turn Perplexity into more than just a Q&A search engine. It could become a useful research tool for crypto traders, investors, and enthusiasts who want reliable and up-to-date information without switching platforms.
AI-Powered Trading Could Be the Future
Although the current partnership is focused on providing information, Coinbase is already preparing for the next evolution: AI that can trade, manage portfolios, and even stake crypto assets.
Source: Brian Armstrong
Back in August 2024, Brian Armstrong wrote that large language models (LLMs) should be connected to crypto wallets. A few weeks later, he oversaw the first crypto transaction carried out completely by AI bots.
With this momentum, the Perplexity partnership may soon lead to a world where AI assistants can not only answer your questions but also execute crypto trades on your behalf. Imagine asking a chatbot to “rebalance my portfolio” and having it done in real time, with secure access to your crypto holdings.
Perplexity AI’s Rapid Rise and Future Plans
Perplexity was founded in San Francisco in 2022 by Aravind Srinivas, a former researcher at OpenAI. The company quickly gained popularity due to its focus on providing real-time, sourced information, a key difference from more traditional AI models.
Aravind Srinivas | Perplexity’s AI Founder
By January 2024, Perplexity had over 10 million users, though it still trails behind ChatGPT’s 800 million weekly active users. Still, its fast growth has caught the eye of major investors. Perplexity has raised over $900 million and reached a valuation of $9 billion by the end of 2024. Key backers include Nvidia, Databricks, and NEA.
Just one day before the Coinbase announcement, Perplexity launched Comet, a browser designed to rival Google, complete with AI-powered tools. The firm is also showing big ambitions earlier this year, it even placed a bid to merge with TikTok’s U.S. operations.
A Smarter, Connected Crypto World
The Coinbase & Perplexity partnership is more than a simple data integration. It marks the beginning of a new era where crypto and AI go hand in hand. As AI chatbots become more capable, and as exchanges like Coinbase continue to explore intelligent automation, users may soon find themselves interacting with a fully AI-powered crypto experience from research to real-time trading.
This collaboration could reshape how everyday users access, understand, and invest in digital currencies. For now, it’s a smarter way to get crypto insights. Soon, it might become the new standard for managing your digital wealth.
