quote: Coinbase for Agents is a great place to start the next $1b hedge fund https://docs.cdp.coinbase.com/coinbase-for-agents/overview https://x.com/xenbh/status/2087207416957972611 | Dario from Anthropic thinks the first one person billion dollar company arrives this year, and that it’ll be a prop trading firm. In which case, I think it has to be a crypto firm. No way a traditional prop firm can really be one person. You still need people managing prime brokers, exchange relationships, compliance, legal, clearing, settlement, reconciliation, etc. Crypto is different. Give agents API access and they can go to town 24/7 across an expanding range of assets and instruments: spot, perps, prediction markets, tokenised stocks and other RWAs. A one-person billion-dollar prop trading firm suddenly seems quite plausible. AI takes care of the trading. Crypto takes care of the rest.

quote: Coinbase for Agents is a great place to start the next $1b hedge fund https://docs.cdp.coinbase.com/coinbase-for-agents/overview https://x.com/xenbh/status/2087207416957972611 | Dario from Anthropic thinks the first one person billion dollar company arrives this year, and that it’ll be a prop trading firm. In which case, I think it has to be a crypto firm. No way a traditional prop firm can really be one person. You still need people managing prime brokers, exchange relationships, compliance, legal, clearing, settlement, reconciliation, etc. Crypto is different. Give agents API access and they can go to town 24/7 across an expanding range of assets and instruments: spot, perps, prediction markets, tokenised stocks and other RWAs. A one-person billion-dollar prop trading firm suddenly seems quite plausible. AI takes care of the trading. Crypto takes care of the rest.

Source:https://x.com/brian_armstrong/status/2087610776357904719