Coinbase, the main U.S.-based cryptocurrency trade, has teamed up with Perplexity, a Nvidia-backed synthetic intelligence reply engine designed to offer entry to trusted, real-time crypto information and data to merchants.
The partnership, introduced on July 10, 2025 by Coinbase chief govt officer Brian Armstrong, got here as Perplexity AI formally launched its AI-driven net browser Comet.
As an agentic AI assistant, Comet permits customers to entry information and information for choice making, will interface with Coinbase to assist merchants unlock the advantages of actionable insights in actual time.
“The primary stage goes dwell right now, and there’s extra to come back,” Armstrong wrote on X.
Perplexity AI to faucet into COIN50
Per the Coinbase CEO, the primary part of the mixing will see Perplexity ingest the crypto trade’s market information, with this used to energy market evaluation.
In keeping with particulars in Armstrong’s announcement, Perplexity will leverage market information such because the Coinbase 50 Index, a digital property index that tracks the efficiency of the highest 50 largest and most liquid crypto property by market cap.
Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) are among the many key parts of COIN50.
The collaboration comes as Perplexity’s providing information a spike within the variety of queries or searches about crypto, with this as excessive as what’s seen for equities. Armstrong famous that the statistic is indicative of the mainstream of digital property.
Section 2 of the mixing, anticipated to go dwell “quickly”, can have Perplexity AI use Coinbase’s market information to offer responses to customers. The solutions to those queries will assist merchants entry options resembling “monitor market exercise, display for commerce concepts, and analyze token-specific strikes.”
The platform will provide these through an AI-powered net browser.
“I anticipate enhanced crypto performance will likely be a catalyst for AI to attain one other 10x unlock. Personally I’m most excited to see crypto wallets totally built-in into LLMs sooner or later. That will likely be an enormous step in the direction of a permissionless, digital economic system,” Armstrong mentioned.