Coinbase Launches AI Grant Program for Crypto Wallet Integration

Aug 17, 2024, 06:19 PM

Coinbase has launched an AI Accelerator Grant Program, offering $15,000 in total grants to developers for projects that integrate AI with crypto wallets. Five selected projects will each receive $3,000 to explore the potential of AI agents, automated payments, and other AI applications using Coinbase's MPC Wallet APIs. Coinbase CEO Brian Armstrong emphasized the transformative potential of combining AI with crypto, particularly through the use of large language models in finance. This initiative is part of a broader trend where AI is expected to enhance the capabilities of blockchain technology, driving innovation in infrastructure, models, and applications.