Coinbase has teamed up with Perplexity AI to make it easier for crypto traders to access reliable, real-time market information. This collaboration aims to help people make smarter trading decisions using trusted data.
The first phase of the partnership is already live. Perplexity is now using Coinbase’s market data, like the COIN50 index, to analyze crypto price movements. This data is available through Comet, Perplexity’s new AI-powered web browser.
Users can explore detailed insights behind price changes directly on the platform. Interestingly, Perplexity shared that just as many people are searching for crypto as they are for stocks, showing how mainstream crypto is becoming.
The second phase of this partnership will allow Perplexity’s AI to use Coinbase data when answering users’ questions. This means traders will be able to ask about market trends, screen for new trade ideas, and analyze specific cryptocurrencies. All of this will happen through a conversational AI interface. This integration was made possible by Coinbase’s developer platform.
Brian Armstrong, the CEO of Coinbase, thinks that improved crypto functionality might help AI make a 10x breakthrough. A future in which cryptocurrency wallets are completely integrated into large language models (LLMs) excites him.
For now, he highlighted, “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 praised Arav Srinivas, CEO of Perplexity, and his team, saying he’s excited to begin this journey with them.