Introducing Coinbase Advisor.
One of the first SEC-registered AI-powered investment advisors in the world.
High-quality advice - specific to you - is now one chat away. Real-time portfolio analysis, automated tax loss harvesting, and more.
Rolling out to Coinbase One members.
How to keep AI spend flat while token usage grows exponentially: Not with friction and spend alerts. With better defaults, routing, and caching.
Better Defaults (not Usage Caps) – Engineers can choose any model they want, but defaults matter. We’re experimenting with defaulting to open weight models like GLM 5.2 and Kimi 2.7 through our LLM gateway, while still encouraging engineers to choose the right model for the task. 91% of our employees were never hitting their usage caps, so instead of lowering caps and driving up alerts, we're moving to cheaper defaults. Note that code reviews use a diversity of models, so they can check each other's work.
Better Routing – In our custom harnesses, we preprocess prompts and route to the best model for the job, considering cache hits and model pricing. For instance, you may want a frontier model for planning, but not for execution where they can be overkill. Ultimately, humans shouldn't be choosing models - AI can automate this task.
Better Caching – Cache misses are the easiest way to drive your cost up. All of our requests are cache aware, so we’re reusing a warm cache wherever possible. For example, our cache hit rate went from 5% → 60% in LibreChat once properly implemented.
Keep Context Lean – Start fresh sessions when switching tasks. Scope file context narrowly. Disconnect unused tools. Don't just compact. The goal isn't fewer tokens used, it's fewer tokens wasted.
Better Visibility – Our engineers can use as many tokens as they want, from whatever model they want, but we’ve made usage visible – and the more you spend on AI, the more impact we expect.
The goal isn't to suppress usage. It's to build the infrastructure that makes exponential growth sustainable.
Putting this into practice has cut our AI spend nearly in half, while our token usage continues to grow.
@brian_armstrong At @coinbase many of us have also been liking the combo Opus / GPT medium for planning and Sonnet or Cursor Composer 2.5 for execution.
Brian Armstrong (@brian_armstrong) on how Coinbase built one of the world's first SEC-registered AI investment advisors:
" Most people, when they write something on X, they say, 'This is not investment advice.'"
"This is investment advice. We can actually say that."
NEW: Brian Armstrong, Coinbase
Full Interview.
Rebuilding @coinbase Around Intelligence
Tokenized stocks, an SEC-registered AI advisor, +1,200 agents working inside the company
We cover:
› Pre-IPO perps (SpaceX, OpenAI, Anthropic)
› Intelligent routing pushing 80% of workloads to models 99% cheaper (keeping token costs flat)
› Tokenized equities backed 1:1, with 24/7 trading & access for 4B unbrokered people
› Coinbase Advisor: SEC-registered AI investment advisor
› 1,200 full-time AI agents, teams shrinking to 1 person, bugs/incidents down per line of code
› Building the financial rails for the agentic economy
› Economic freedom, Argentina, & why traditional media is dead
𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒
(00:00) @brian_armstrong, Co-Founder & CEO of Coinbase
(00:45) Backstage before the Announcements drop
(01:47) Why Tokenized Stocks never worked before until now
(03:58) Inside Coinbase Advisor: The SEC-Registered AI Investment Agent
(05:36) The real mission behind every Coinbase product
(06:55) Does the average American feel economically free?
(08:42) What Argentina taught Brian about Capitalism
(11:16) Why younger generations are drifting toward Socialism
(13:01) What Roblox reveals about the next generation
(13:57) Why no one in Argentina plans for the future
(18:17) How Crypto is rewriting financial infrastructure
(20:20) The Strategy behind Coinbase's "Everything Exchange"
(21:28) Building the most trusted brand in the Crypto Industry
(23:49) Prediction Markets, Dry Powder & Reading Market Cycles
(26:07) The Pre-IPO loophole Coinbase built for everyone else
(28:18) Why Coinbase wins the super app war
(29:40) The tweet that got 24 million views
(32:22) Will AI actually kill jobs?
(36:03) How Brian stays on top of everything
(38:19) Founder Energy vs. Operator Energy
(39:33) AI has a branding problem
(46:41) Will Anthropic and OpenAI just build every company?
(48:12) Who is Coinbase's real competitor?
(51:25) The Announcement Brian is most excited about
(53:03) Getting $4 trillion of new IPO wealth onto Coinbase
(54:08) The mentors who shaped Brian Armstrong
yes claude dropped tag, but we had this months ago @coinbase - shout out @alrodi & @kylecesmat's team & more😉
My team at Advisor now has our own branded Slack agent. Full context on all docs, tickets, codebases, and observability and triage ability.
Our new employee.
@hiarun02 Worst: CarPlay disconnects, Spotlight won't search Chrome, keyboard not opening, screen cutoff, Siri AI drops answers 50% or misses voice queue to stop listening.