Digital asset custody and wallet provider Cobo becomes the latest Web3 payments provider to join Google’s AI Agent payment protocol, with a live demo in 2026.
Summary
- Singapore-based Cobo has joined Google’s Agent Payments Protocol (AP2) community, an open payments standard that allows AI agents to conduct secure, verifiable transactions on behalf of users.
- Cobo plans to launch AP2-based applications with a live demo in February 2026, leveraging its expertise in institutional custody to power autonomous payment systems.
In a recent post shared on October 21, Singapore-based Cobo announced that it has joined the network of Google partners involved in the Agent Payments Protocol community, or AP2. The project is an open payment standard introduced by Google for the AI agent economy, extended from the agent-to-agent communication protocol.
For the project, Google has announced collaborations with more than 60 organizations recognized as partners to adopt AP2, consisting of payment companies, merchants and technology companies. The list already includes major industry players such as MetaMask, Coinbase (BASE) and the Ethereum Foundation (ETH)and Circle (USDC). Not only that, major payment companies such as Mastercard, American Express and PayPal are also listed as partners.
According to the official description, Google’s Agent Payments Protocol is an open standard protocol launched by the tech giant. It is designed to enable secure, verifiable payments initiated by AI agents on behalf of users. This means that users will soon be able to perform payment services using autonomous agents.
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Cobo’s vision for Google’s AP2
According to the official announcement, Cobo plans to release a series of practical applications based on the AP2 framework, with a live demo planned for February 2026. The company seemed to hint at emerging technologies that could emerge from Google’s AP2, which could range from autonomous treasury bots, self-running DeFi strategies to systems that allow users to purchase compute on demand.
Given Cobo’s background in institutional custody solutions, the company could be expected to contribute by providing the back-end infrastructure that AP2 needs for secure, auditable agent payments.
Overall, the AP2 protocol is designed to enable AI agents to initiate and execute payments on behalf of users, with user authorization, verifiable intent, and a clear audit trail. On the web3 and crypto side, Google’s AP2 could accelerate web3 payments and new business models, such as micropayments and agent-to-agent service payments, as part of the digital economy.
So far, the ecosystem spans multiple domains, including payment networks, trading platforms, AI agent developers, web3, and crypto infrastructure. For example, the x402 extension enables agent-to-agent crypto payments via stablecoins in partnership with Coinbase.
In March 2025, Cobo partnered with Core to bring dual Bitcoin (BTC) staking solutions to the ecosystem. The integration will allow Cobo users to start staking both Bitcoin and CORE tokens to earn Bitcoin-generated returns.
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