Coinbase CEO: Coinbase Pro to Launch Soon, Advancing AI Financial Accounts and US Stock Perpetual Contracts

BlockBeats news, November 13 - Coinbase CEO Brian Armstrong posted that Coinbase stores over 99% of its custodied crypto assets in cold wallets and uses the latest AI models to strengthen defenses, sometimes gaining early access to models. He stated that Coinbase's security design accounts for the possibility of employee deception, and no single individual, computer, or system can independently transfer user funds. He also noted that 7 of the world's largest banks have chosen to partner with Coinbase, which holds more than 80 licenses globally.

AI agent finance is a key focus for Coinbase. Armstrong cited predictions that by 2030, the transaction volume processed by AI agents could reach $3 trillion to $5 trillion. He believes crypto networks are suitable as infrastructure for agents to execute transactions, and developing financial accounts for AI agents is one of Coinbase's priorities.

Regarding tokenized stocks, Armstrong said that tokenized stock trading volume on Base has exceeded $5 billion. He believes tokenized stocks are more accessible than traditional stocks and can be combined with DeFi protocols, for example, allowing holders to use stock assets to earn yield.

On U.S. stock perpetual contracts, Armstrong stated that Coinbase has been pushing for years to bring such products into compliance in the U.S. and welcomed cooperation between the SEC and CFTC heads on this matter. He noted that stock perpetual contracts are already trading in markets outside the U.S. He also teased that Coinbase Pro will launch soon but did not provide a specific timeline in the post.