As the tech industry rallies around AI agents, some companies are building capabilities to enable AI agents to make payments and trade stocks on users’ behalf.
Stock trading app Robinhood is also moving in that direction: The company on Wednesday said it is launching support for AI agentic trading, as well as a new agentic credit card.
Robinhood said users on its platform can now create a separate account for their AI agents and connect them to a dedicated wallet. While these agents would be able to read and analyze users’ portfolios to come up with trading strategies and suggest investments, they’ll only be able to access the pre-loaded balance in the dedicated wallet to place orders.
Image Credits: RobinhoodImage Credits:Robinhood
Users will get notifications of all trades their AI agent makes, and will be able to monitor their activities within the Robinhood app itself. For some trades, agents will show a preview that users may have to approve before the order is executed. The company said it has also built in fraud detection protection, in which a team from Robinhood would review suspicious trades and help users resolve disputes.
