SharpLink CEO: "AI Agents Will Eliminate $1.4 Trillion in Wall Street Fees"

▲ Artificial Intelligence Agent (AI agent), virtual asset trading, Bitcoin (BTC)/ChatGPT generated image

Artificial intelligence (AI) agents are changing the landscape of the financial system. It is projected that they will save $1.4 trillion annually from traditional Wall Street financial fees. This analysis suggests that the intermediary financial industry, which profited immensely from information asymmetry, is facing a structural crisis.

According to BeInCrypto, a virtual asset and finance specialized media, on September 24 (local time), Joseph Chalom, CEO of SharpLink, diagnosed that the combination of AI agents and on-chain infrastructure will shake up the global financial revenue model. Chalom predicted that by 2030, over $1 trillion of annual global financial services revenue could be redistributed, and by 2035, that figure could expand to $4 trillion.

The role of AI agents is defined as an automation layer for the new financial system. They explore lower bank and loan fees on behalf of investors, optimize deposit yields, and rebalance portfolios in real-time. Chalom estimated that fee savings through AI agents would surge from approximately $350 billion annually in 2030 to $1.4 trillion in 2035. This means about a quarter of global financial industry costs could disappear.

Stablecoins, Real-World Assets (RWA), and Decentralized Finance (DeFi) are considered the 24/7 operational foundation for AI agents. This is because asset ownership and loan conditions can be directly verified and settlements can be completed autonomously on the same blockchain. The core profit bases of traditional intermediaries, such as credit card interest, brokerage fees, and bank interest margins, are bound to be rapidly compressed.

The competition between big tech companies and large financial institutions for infrastructure dominance is also intensifying. Global financial giants like JPMorgan and BlackRock, as well as Visa, PayPal, and Coinbase (COIN), have jumped into the race to secure agent payment networks. As financial payment power shifts from intermediaries to AI decision-making touchpoints, a major restructuring of the industry landscape is anticipated.

[Key Article Summary]

-SharpLink CEO Joseph Chalom predicted that AI agents would eliminate $1.4 trillion in Wall Street fees annually by 2035.

-Credit card interest, securities brokerage fees, and bank interest margins, which were based on information asymmetry, are analyzed to be directly hit.

-Major financial and payment companies, including BlackRock, JPMorgan, and Coinbase, have entered the race to dominate AI agent financial infrastructure.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*