TLDR
Coinbase announces partnership with Perplexity AI to integrate real-time crypto market data into the AI search engine
Two-phase rollout begins with COIN50 index prices appearing in Perplexity’s new Comet browser
Future integration will link user queries directly to Coinbase market data and trading platform
Partnership represents deeper connection between AI chatbots and crypto exchanges
Perplexity valued at $9 billion, recently launched Comet browser to compete with Google
Coinbase Global announced a new partnership with Perplexity AI on Thursday. The collaboration will integrate real-time cryptocurrency market data into Perplexity’s AI-powered search engine.
Brian Armstrong, CEO of Coinbase, revealed the partnership on social media. He explained that the integration will help users make better decisions about digital assets by providing accurate market information.
Exciting update: Coinbase has partnered with @perplexity_ai to help traders get access to real-time trusted crypto data/info for better decision making.
The first stage is going live today, and there’s more to come:
Phase 1 (now): Perplexity is now ingesting our market data,… pic.twitter.com/4rze1q9WzL
— Brian Armstrong (@brian_armstrong) July 10, 2025
The partnership will roll out in two phases. The first phase started Thursday with Perplexity pulling market data from Coinbase, including prices from the COIN50 index.
This data now powers market analysis features in Perplexity’s newly launched Comet browser. The browser was released just one day before the Coinbase partnership announcement.
The second phase is expected to launch soon. It will create direct links between user queries and Coinbase market data, connecting Perplexity’s interface with Coinbase’s trading platform.
Growing Connection Between AI and Crypto
Perplexity is an AI chatbot that answers user questions with real-time data from the web. The platform includes citations for its sources, making it different from other AI search tools.
The company was founded in San Francisco in August 2022. Aravind Srinivas, a former OpenAI researcher, created the platform to focus on providing current information.
Perplexity had more than 10 million users as of January 2024. This is much smaller than ChatGPT’s 800 million weekly active users, but the platform continues to grow.
The startup has raised over $900 million in funding since its launch. Major investors include Nvidia, Databricks, and NEA, who participated in the Series B round.
Perplexity reached a valuation of about $9 billion by the end of 2024. The company recently submitted a bid to merge with TikTok’s U.S. operations in January.
Future Possibilities for AI Trading
The current integration only shows market data and prices from Coinbase. However, the partnership could expand to include more advanced features as AI technology develops.
Future versions might allow AI chatbots to execute crypto trades directly. They could also rebalance portfolios, manage staking positions, and handle yield farming activities.
Armstrong has been vocal about integrating AI with cryptocurrency. In August 2024, he wrote that “LLMs should have crypto wallets” on social media.
A few weeks after that statement, Coinbase completed the first crypto transaction managed entirely by AI bots. This demonstrated the potential for automated trading through AI systems.
Perplexity’s Comet browser launched on Wednesday with agentic AI tools. The browser aims to compete directly with Google by offering AI-powered search and browsing features.
