News listAptos commits $50M to AI agent infrastructure push
CoinTelegraph2026-05-08 06:08:53

Aptos commits $50M to AI agent infrastructure push

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Last month, Coinbase CEO Brian Armstrong predicted there will be “more AI agents transacting online than humans very soon,” echoing comments from Circle CEO Jeremy Allaire in January that “literally billions of AI agents” will be transacting onchain in three to five years. The World Economic Forum is expecting a boom too, having predicted in January that AI agents could become a $236 billion market by 2034, a 43-fold rise from its $5.4 billion market size in 2024. On Wednesday, Amazon Web Services said it integrated Coinbase’s x402 payments protocol into Amazon Bedrock AgentCore to allow AI agents to make USDC (USDC) payments and access services through AWS-managed payment controls. A week earlier, crypto wallet startup Oobit launched a Visa-supported virtual card for AI agents to make online purchases in USDt (USDT) on behalf of businesses. The foundation said Aptos (APT) would be used for transaction burns, access to advanced AI-agent features and staking mechanisms intended to improve network performance. Related: How AI agents can reshape arbitrage in prediction markets The foundation said the $50 million would also be used to develop other aspects of the “Aptos stack,” which also includes integrations with neobanks, institutional platforms and wallet providers. Aptos said it also plans to work on building encrypted mempools and offer confidential perps trading, among other things. Meanwhile, Aptos launched a privacy-focused coin — Confidential APT — on Aptos mainnet on April 24 as part of an effort to fix a long-standing trade-off between protecting user privacy and preserving transparency for compliance. Aptos Labs founding engineer Sherry Xiao, told Cointelegraph that Confidential APT could help businesses hide the salaries of employees who are paid onchain, as well as conceal treasury movements, settlement flows and trading strategies that competitors could otherwise see. Magazine: Guide to the top and emerging global crypto hubs — Mid-2026 More on the subject
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Published:2026-05-08 06:08:53
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