Electric Capital: AI Agent Crypto Wallets Are Opening Up New Legal Frontiers

According to Odaily, Electric Capital partner Avichal Garg pointed out that as the autonomy of AI agents continues to increase, developers are beginning to equip them with crypto wallets, enabling software to hold assets, pay for services, trade tokens, and even hire other AI agents. This trend is pushing crypto technology into a new stage—building financial systems for “non-human entities,” though the relevant legal frameworks are still clearly lagging behind. He believes that with blockchain’s programmable money, instant settlement, and global accessibility, AI agents will not only be able to make decisions but also independently execute transactions, thus forming software entities that can “think and perform financial activities.”

Garg stated that this model is similar to the emergence of limited liability companies in the 19th century, which unleashed a new threshold of productivity for economic activity. As participation costs continue to decrease, more individuals and teams worldwide can use AI agents to create economic value.

However, the core issue remains the definition of legal responsibility. Since AI itself cannot be punished, there is still no clear answer as to who should bear responsibility if an AI agent with an independent wallet participates in transactions, lending, or commercial activities and causes losses. This issue may become a fundamental topic that future regulatory agencies must address.