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As the tech industry rallies around AI agents, some companies are building capabilities to enable AI agents to make payments and trade stocks on behalf of users.
Stock trading app Robinhood is also moving in that direction: The company said Wednesday that it will launch support for AI proxy trading, as well as a new proxy credit card.
Robinhood said users on its platform can now create a separate account for their AI agents and link them to a custom wallet. While these agents will be able to read and analyze users’ portfolios to come up with trading strategies and suggest investments, they will only have access to the balance pre-loaded in the designated wallet for placing orders.

Users will get notifications of all trades made by their AI agent, and will be able to monitor their activities within the Robinhood app itself. For some trades, agents will display a preview that users may have to agree to before the order can be executed. The company said it has also built in fraud detection protections, where a team from Robinhood reviews suspicious trades and helps users resolve disputes.
Robinhood says users can connect their AI agents to the Model Context Protocol (MCP) service to do things like analyze concentration and sector exposure risks, execute trades, or look at analyst feedback to identify new investment opportunities across various sectors.
The proxy trading feature is launching in beta and only allows stock trading at the moment. The company says it plans to add support for options markets, cryptocurrencies, event contracts, futures, and prediction markets soon.
Robinhood is also showing off a new virtual credit card intended for use by AI agents. Using this card, users can connect their AI agents to the company’s MCP banking server to enable them to make payments.
The virtual card is currently only available to Robinhood Gold Card holders, who can link their accounts to this new card.
Users can set monthly limits for this virtual card, and can choose whether their AI agent should ask for approval every time they make a payment. Its Robinhood Platinum card will also get support for a similar virtual agent card feature when it launches later this year, the company said.
Robinhood has been ramping up its AI efforts over the past few years. The company took over AI-powered research platform Pluto in 2024and last year the AI assistant added that Provides investment advice.
“We’ve heard a lot of demand from our customers to bring their own tools, LLM campaigns, and agents, and connect them to Robinhood. That’s why we’re launching our new products,” Abhishek Fatehpuria, VP of Product at Robinhood, told TechCrunch over a phone call.
Robinhood isn’t the only one enabling AI agents to make payments, as are the major players tape, Amazon, GoogleAnd newer startups like Prava Pay build products that give AI agents the ability to buy things on users’ behalf.
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