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application

Coinbase incubated the x402 protocol and launched the artificial intelligence robot application store Agent.market

According to The Block, the x402 Foundation, incubated by Coinbase, has announced the launch of the unified platform Agent.market, aimed at providing an "app store"-like service entry for AI robots.The 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 through blockchain and traditional payment channels. The protocol is managed as an open standard by the x402 Foundation under the Linux Foundation and has the support of over 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 including 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). Providers can join the marketplace without permission.Erik Reppel, the creator of the x402 protocol, stated that there are currently about 69,000 active agent robots on the protocol, which have completed over 165 million transactions with a transaction volume of 50 million dollars. He pointed out that agent commerce based on x402 is reshaping the customer acquisition activation costs for businesses, as robots can now access services at a very low setup cost without needing API keys.

Chan Mo-po: Hong Kong will strive to become a key hub for the application and scaling development of AI and Web3 technologies

The Financial Secretary of Hong Kong, Paul Chan, delivered the opening speech at the 2026 Hong Kong Web3 Carnival, stating, "The rise of AI agents this year is another noteworthy milestone. The intersection of AI and technologies like Web3 is changing the game. The combination of the two will elevate transaction efficiency to a new level and cover a broader range of business areas, from finance and trade to wealth management, supply chain operations, and logistics. This combination will create a multitude of new opportunities but will also pose a series of challenges, such as issues related to infrastructure payment and settlement systems and regulatory rules.Hong Kong's policy on Web3 and AI has always been clear, maintaining consistency under the principle of 'one country, two systems.' As an international financial center, Hong Kong embraces innovation, with stablecoins, tokenization, and AI becoming important components of the mainstream future. Hong Kong's regulators have a dual mission of prudent regulation and promoting market development, which requires us to encourage and support more innovative applications, improving our institutional framework based on continuous experience. I firmly believe that Hong Kong will undoubtedly become a key hub for the thriving development, widespread application, and responsible scaling of the new generation of technologies."
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