Coinbase Partners with Perplexity for Real-Time Crypto Data Access

Coinbase has announced a strategic partnership with Perplexity, an AI search platform, to provide traders with direct access to reliable, real-time crypto market data. This collaboration aims to enhance the decision-making process for traders by offering them deeper insights into market movements.

Coinbase CEO announced the update on July 10 via social platform X, confirming that Phase 1 of the integration is now live. Perplexity is currently ingesting Coinbase’s live market data, including the COIN50 index, to support crypto price discovery and analysis. This allows users to explore real-time market shifts using Perplexity’s new browser, Comet. The feature helps traders gain deeper insights into price movements, enabling smarter decisions.

The Coinbase CEO emphasized the significance of this partnership, stating that access to reliable real-time data via increasingly intelligent large language models (LLMs) will help more people make informed decisions about crypto. This initiative reflects the growing mainstream relevance of digital assets, as user engagement with crypto topics now matches interest in equities.

In Phase 2 of the rollout, Coinbase’s market data will power Perplexity’s AI-generated responses for users’ queries. This next step will introduce a conversational interface that enables traders to screen for potential opportunities, monitor token-specific activity, and interpret trends within a single AI-enhanced platform. Aravind Srinivas, Perplexity CEO, confirmed this development, stating that the partnership will bring real-time crypto data into Perplexity Finance, with the data being surfaced directly into user queries shortly.

The integration is being facilitated by CoinbaseDev, Coinbase’s developer-friendly infrastructure for data access and app-building. Armstrong expressed optimism about the broader implications of this initiative, noting that integrating accurate, real-time crypto data with large language models could catalyze the next wave of innovation. He also hinted at a future where crypto wallets are fully integrated into AI systems, describing this as a significant move toward a permissionless, digital economy.