Proponents of AI agents say the new technology will simplify crypto trading and other financial activities for the average user.
AI platform ai.com, founded by Crypto.com co-founder and CEO Kris Marszalek, announced on Friday that it will launch an autonomous AI agent for retail consumers.
The agentic AI will be able to perform functions including trading stocks, automating workflows and handling simple tasks like calendar updates and managing online social profile changes, the company said in an announcement.
The agents will keep user data segregated and secured by encryption keys unique to each user, and will operate under restrictions set by users on what the agent is permitted to do.
AI agents have attracted significant attention over the past year. A McKinsey survey published in November found about 23% of respondents said their organizations were expanding the use of AI agents.
Supporters say autonomous agents can automate crypto trading strategies and wallet management, lowering the technical barrier to entry for newcomers who are unfamiliar with blockchains and on-chain transactions.
Jonathan Farnell, CEO of crypto exchange Freedx, said the technical barriers include choosing the correct blockchain network and token protocols and navigating complex user interfaces that new users find difficult.
Tether co-founder Reeve Collins said agentic AI can abstract away complexity by selecting the cheapest and fastest execution paths and simplifying stablecoin usage. This could include optimizing for arbitrage or yield-bearing opportunities, Collins added.
“When AI is integrated, all of the complexity in this space will be gone,” Collins said, noting that autonomous agents will let users hold and manage larger, more diverse token portfolios.
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