Big week for Coinbase! Like I said on stage, thanks to all the Coinbase employees (and their thousands of AI agents) whose hard work and dedication made all of our announcements possible.
The everything exchange now includes pre-IPO perps, stock options, and tokenized stocks soon. We also redesigned Coinbase Advanced, and started to combine our global liquidity (between US and international users, and also Coinbase and Deribit users)
@CoinbaseDev is bringing the benefits of stablecoin payments to businesses everywhere, with fully custodial accounts using our compliance stack, and launched an awesome new dashboard for all dev tools.
For @base, we announced private transactions and Base App on web.
And finally, Coinbase is also becoming the financial account for AI - give your agent a wallet, get AI-powered financial advice, and connect your Coinbase account to your favorite LLM.
Yesterday we announced our SEC-registered AI Advisor. It's an interesting, novel product that required some fairly complex legal work to be able to launch. Let's discuss,
Coinbase shipped an AI that can LEGALLY give you financial advice. This is actually interesting!
Coinbase just launched Coinbase Advisor, in production, for real. You talk to it in plain English, and it reads your full portfolio and history, suggests actions, and flags ideas you'd have missed. It stays non-discretionary, so you confirm every trade. (you're accountable, after all)
The product is slick, but the legal structure underneath it is doing the heavy lifting.
They incorporated Coinbase Advisors, LLC (CRD #342338), registered it with the SEC as a Registered Investment Adviser and with the CFTC and NFA as a Commodity Trading Adviser, and took on fiduciary duty under the Investment Advisers Act of 1940. An 85-year-old statute, pointed at an LLM.
Pointed at a freakin LLM, people!
"First SEC-registered AI adviser" might be better described as "First SEC-registered LLM adviser." Betterment and Wealthfront have been registered robo-advisers for a decade, doing small bits of this.]
What's new is a generative, conversational, non-discretionary agent carrying RIA and CTA credentials together, in one app, across crypto, equities and derivatives.
That's wildly different to a chatbot with a disclaimer that gives generic best-practice information.
What I love about this is Coinbase just went and executed. They didn't wait for a new law or a sandbox. The US read the 1940 Act, registered inside it, and put the product live for customers.
The UK is scaffolding it. A new "targeted support" regime (PS25/22) goes live in April, and the FCA runs supervised AI Live Testing cohorts for firms that want to trial exactly this. But a trial is not a live product.
There's one catch: today it only sees what's inside @coinbase. Your bank, pension and other brokerages stay invisible.
Robinhood's Cortex already does the conversational, portfolio-aware part. It just labels the output "informational, not advice."
But wouldn't it be WAY cooler if this saw ALL of your accounts?
Coinbase's launch video is below.
هدف يعكس روح كأس العالم.. هذا الهدف من الأفضل في الجولة الأولى، لأنه يبرز أهمية القتالية حتى اللحظة الأخيرة بدلا من إضاعة الوقت أو الانكماش فقط.. رائع وغير عادي كاميلو هرنانديز لاعب كولومبيا.
De las mejores secuencias de la noche. El gran Radamel Falcao celebrando el tercer gol de Colombia en las tribunas del Azteca. Miren la emoción.
El Tigre está ahora como comentarista, pero nunca se podrá sacar la camiseta de Colombia. Falcao siempre será uno de los nuestros ❤️🔥
Así se lucha por una pelota en la Copa del Mundo, cabrones. Lo tiraron y lo arrollaron, pero no se quedó en el césped para reclamar falta. Se puso de pie, recuperó el balón, giró, sacó a bailar al rival y terminó poniendo una ASISTENCIA HERMOSA. Todo esto al MINUTO 90+8 cuando Colombia ya tenía el triunfo en la bolsa. Qué manera de salir a comerse el campo. LOS HUEVOS DEL CUCHO HERNÁNDEZ.