Blockchain + AI! Coinbase Partners with NEAR and Others to Create an Open AI Services Alliance

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Published inAI News · 4 min read · Feb 28, 2025

A group of prominent cryptocurrency and blockchain companies recently joined forces to create the Open Agents Alliance (OAA), aiming to deliver open artificial intelligence (AI) services through integrated infrastructure. Members include NEAR AI, Coinbase's payments and AI division, and a range of other blockchain and AI projects. According to an email announcement released Thursday, the alliance aims to "ensure safe, open-source, economical, and equitable access to AI."

Human-Machine Collaboration

Image Source: AI-generated image, licensed through Midjourney

Participating organizations in the Open Agents Alliance will provide integrated infrastructure, including AI agent frameworks, cloud hosting services, and fiat-to-cryptocurrency conversion channels, creating a platform for developers to build and deploy AI tools. In recent years, with the rapid advancement of AI technology, numerous cryptocurrency and blockchain projects have taken steps to introduce greater transparency and fairness through decentralized approaches.

In this rapidly evolving technological landscape, the OAA hopes to leverage the collective technical expertise and resources of its members to promote open AI development through collaboration. This collaboration will not only accelerate the development and application of new technologies but also provide developers and businesses with richer tools and services, further expanding the application scenarios of AI.

Beyond NEAR AI and Coinbase, several other well-known blockchain and AI projects are involved, adding significant technical strength and market influence to the alliance. This platform will allow developers easier access to and integration of AI technologies, driving innovation and transformation across various industries.

The formation of the OAA marks a significant step for the crypto industry in the field of AI, signaling more innovation and collaboration to come. In this context, the combination of AI and blockchain will become a new engine driving technological progress and economic development.

Key Highlights:
💡 The OAA (Open Agents Alliance) was formed by NEAR AI, Coinbase, and other leading companies to provide open AI services.
🔗 Alliance members will share infrastructure, including AI agent frameworks and cloud hosting services, to help developers build AI tools.
🚀 The establishment of the OAA marks significant progress for the crypto industry in the AI field, fostering technological innovation and collaboration.

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