Coinbase Advances Onchain Innovation with Startup Lifecycle Integration and AI Protocol Growth

Coinbase Advances Onchain Innovation with Startup Lifecycle Integration and AI Protocol Growth

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Coinbase is making significant strides in expanding the utility of blockchain technology. CEO Brian Armstrong emphasized the company's commitment to bringing the entire startup lifecycle onchain, aiming to enhance capital formation through increased efficiency, fairness, and transparency. In a separate development, Coinbase's x402 protocol, designed to enable autonomous transactions for AI agents, has shown remarkable growth, with transaction activity skyrocketing by over 10,000% within a single month.

Coinbase CEO Brian Armstrong said onchain fundraising could make capital formation “more efficient, fair, and transparent.”

Coinbase’s x402 protocol, which enables AI agents to transact autonomously over the internet, has seen a 10,000% rise in transaction activity over a month.