MetaMask unveils self-custodial wallet for agentic DeFi trading

Source: MetaMask The wallet supports token swaps, perpetual futures trading, prediction markets and liquidity provision across Ethereum-compatible networks and Hyperliquid. MetaMask said transactions deemed safe by its security systems are covered by up to $10,000 in loss protection. The product is currently available to a limited group of users through an early access program, with broader availability planned later this summer. Related: MetaMask co-founder Dan Finlay leaves Consensys after 10 years Cryptocurrency companies are rushing to build infrastructure that allows AI agents to manage digital assets and make payments autonomously. In February, Coinbase introduced Agentic Wallets, which allow AI agents to spend, earn and trade cryptos while interacting autonomously with onchain applications. In May, Fireblocks launched Agentic Payments Suite, a platform designed to help AI agents send and receive stablecoin payments through Coinbase's x402 protocol. Cumulative agentic transfer volumes on Base. Source: Chainalysis AI-driven payment activity appears to be gaining traction quickly. A June 3 Chainalysis report found that wallets using Coinbase's x402 agent payment protocol generated more than 100 million transactions on Base within roughly nine months of launch. The push extends beyond the crypto industry. In April, Visa launched Intelligent Commerce Connect, a platform that allows artificial intelligence agents to browse, select and pay for goods on behalf of consumers. The growing interest has prompted bullish forecasts from crypto executives. Circle CEO Jeremy Allaire said billions of AI agents could be transacting with cryptocurrencies and stablecoins within three to five years. Former Binance CEO Changpeng Zhao said that crypto will become the native payment rail for autonomous software. Magazine: Bitcoin miners are pivoting to AI, so why is the hashrate near ATHs? More on the subject