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Coinbase incubated x402 protocol launches AI robot app store
Golden Finance reports that on April 21, the x402 Foundation, incubated by Coinbase, announced the launch of a unified platform called Agent market, aimed at providing AI robots with a service entry similar to an “app store.” This platform is built on the x402 protocol and helps users and robots access hundreds of tools and services.
The x402 protocol is named after the unused HTTP 402 “Payment Required” status code, allowing websites, APIs, and AI robots to request and receive instant micropayments via blockchain and traditional payment channels. This protocol is managed as an open standard by the x402 Foundation under the Linux Foundation, and it is supported by more than 20 organizations and crypto companies, including Cloudflare, Stripe, AWS, Google, Visa, Base, Circle, and the Solana Foundation.
When Agent market goes live, it will cover seven major categories: reasoning, data, media, search, social, infrastructure, and trading, with service providers including OpenAI and Venice (reasoning); Bloomberg and CoinGecko (data); LinkedIn, X, and AgentMail (social); AWS Lambda, QuickNode, and Alechemy (infrastructure); as well as Bankr and Coinbase RAT (trading). Service providers can join the market without licensing.
x402 protocol creator Erik Reppel said that there are currently about 69,000 active agent robots on the protocol, having completed more than 165 million transactions, with a trading volume of $50 million. He noted that agent-based business is reshaping enterprises’ customer acquisition and activation costs, because robots can now access services with extremely low setup costs without API keys.