Brian Armstrong, CEO of Coinbase Global Inc. (NASDAQ:COIN), announced on Tuesday the rollout of an AI-powered investment advisor that provides “personalized guidance” by analyzing users’ portfolios and account history.
Your Personal Strategist On Coinbase
Armstrong said on X that the AI agent, named Coinbase Advisor, has been registered with the SEC. Leveraging Coinbase data, it claims to recommend improved trading strategies across stocks, commodities and cryptocurrencies
“Speak to it in plain English to take action on your account. It will even prompt you with ideas you hadn’t thought of,” Armstrong said.
However, Coinbase cautioned users that the AI’s outputs may be “inaccurate or incomplete” and should not be relied upon as the sole source of information.
Initially, the tool would be rolled out to members of the premium subscription service, Coinbase One.
