
Real-World Asset Tokenization Hits $31 Billion: What It Means for On-Chain Finance
Real-world asset tokenization has reached $31B on-chain. Learn how BlackRock, JPMorgan, and others are reshaping finance — and how to read RWA.xyz data.
Crypto University • 29 May 2026
No Adverts are available4.1 / 5.0 Overall Score
Ease of use ████░ 3.5/5
Code quality ████░ 4.3/5
Speed ████░ 4.2/5
Value for money ████░ 3.6/5
Enterprise fit █████ 4.5/5
OpenAI Codex is an AI coding agent developed by OpenAI. It is not simply an autocomplete tool. Unlike early assistants that suggested the next line of code as you typed, Codex is designed to take on entire tasks independently: writing a feature from scratch, fixing a bug, running tests, and proposing the changes for your review.
Codex was first released as a research preview in May 2025 and was initially powered by codex-1, a version of OpenAI's o3 reasoning model specifically trained for software engineering. By early 2026, it had been updated multiple times and had grown to more than 2 million weekly active users. It is available through ChatGPT's web interface, a command-line tool (Codex CLI), a desktop app for Windows and macOS, and integrations with popular code editors.
Note on naming: There was an earlier OpenAI model also called "Codex," used to power early versions of GitHub Copilot. That older model was deprecated in March 2023. The Codex described in this article is the newer AI coding agent launched in 2025. They share a name but are different products. |
When you assign a task to Codex, it runs in a separate cloud environment preloaded with your code repository. From there it can read files, write or edit code, run tests, and execute commands to verify its own work. Most tasks take between 1 and 30 minutes to complete.
Because Codex runs in an isolated sandbox, it does not execute code directly inside your production systems. Every change is returned for your review before anything is merged or deployed. Codex also provides citations, terminal logs, and test results so you can inspect exactly what it did and why.
Write new features based on a plain-English description
Fix bugs across multiple files simultaneously
Refactor or rename code at scale
Write unit tests and integration tests
Answer questions about an unfamiliar codebase
Generate pull requests ready for your review
Run multiple tasks in parallel
Codex is designed to ask for permission before taking actions that could be considered risky. In the cloud version, you can restrict network access to trusted domains only. In the CLI and IDE versions, you can configure which commands Codex is allowed to run without asking first. OpenAI encourages developers to review all outputs before merging changes, particularly in production systems.
One documented risk to be aware of: when Codex connects to external tools or web resources via MCP (Model Context Protocol), there is potential for prompt injection or the accidental exposure of credentials. OpenAI advises limiting access to trusted domains and reviewing any code that handles authentication or sensitive data carefully.
Codex is not a single app. It operates across several different surfaces depending on how you want to work:
Surface | Best For | Notes |
|---|---|---|
ChatGPT web app | Quick tasks, asking questions about code | No setup required, easiest to start |
Codex CLI | Terminal-based workflows, local development | Open source under Apache 2.0 |
Desktop app (Mac/Windows) | Managing multiple agents and long-running tasks | Released February 2026; includes Goal mode |
IDE extensions | Inline assistance inside your editor | Available for popular editors |
Codex Cloud | Fully autonomous tasks in CI/CD pipelines | Runs in isolated sandbox environments |
Codex was built with professional software developers in mind, particularly those working on real codebases rather than toy projects. It is most useful for engineering teams that regularly deal with repetitive tasks like refactoring, test writing, and maintenance work that takes time but requires relatively little creative judgment.
For total beginners to programming, Codex is less immediately useful because reviewing its output and understanding whether the code is correct still requires some programming knowledge. If you do not yet know how to read code, you will have a harder time catching mistakes in what Codex produces. That said, many developers use Codex as a learning aid, asking it to explain what it wrote and why.
By early 2026, OpenAI was positioning Codex as a broader enterprise agent platform, with the possibility of expanding use cases beyond software development. The desktop app launched in February 2026 was specifically designed to let users manage multiple coding agents running simultaneously across different projects.
Step 1: Get a ChatGPT subscription
Codex is not sold separately. You access it through a paid ChatGPT plan. The Plus plan at $20 per month includes Codex access and is the most common starting point for individual developers.
Step 2: Choose your preferred surface
If you want to try Codex immediately, open ChatGPT on the web and look for the Codex agent option. For terminal-first work, install the Codex CLI, which is free and open source but requires a ChatGPT plan to run tasks.
Step 3: Connect your repository
For cloud tasks, Codex needs access to your codebase. You can connect it to a GitHub repository, which lets it read files and create pull requests automatically.
Step 4: Assign your first task
Write a clear, specific task in plain English. Vague instructions produce vague results. Something like "Fix the TypeScript error in the user authentication flow" works far better than "fix my code."
Step 5: Review the output before merging
Codex returns logs and test results alongside the code changes. Review everything before accepting. Do not merge AI-generated code into production without human review, especially in areas that handle money, credentials, or user data.
PROS
| CONS
|
As of May 2026, Codex is bundled into ChatGPT subscription plans. There is no separate Codex-only plan.
Plan | Price | Codex Access |
|---|---|---|
Free / Go | $0 - $8/mo | Limited or no Codex access. Includes ads on Free and Go tiers. |
Plus (recommended) | $20/mo | Codex access included. Best starting point for individual developers. |
Pro | $100 - $200/mo | Higher usage limits. $100 tier added April 2026. $200 tier still available. |
Business / Enterprise | $30+/user/mo | Usage-based or fixed seats. No training on business data by default. |
API pricing: If you want to build applications on top of Codex, you can access it via OpenAI's API directly. In that case, you pay per million tokens (a unit of text input and output). The exact rate depends on the model version. You can configure the Codex CLI to use API key billing instead of your ChatGPT plan quota for more flexible or automated use cases. The Codex CLI itself is free and open source. |
Tool | Type | Starting price | Best for |
|---|---|---|---|
OpenAI Codex | Autonomous agent | $20/mo (Plus) | Parallel tasks, PR generation, enterprise workflows |
Claude Code | Autonomous agent / CLI | Usage-based | Terminal-first development, complex reasoning tasks |
GitHub Copilot | IDE autocomplete + chat | Free / $10/mo | Real-time coding suggestions inside your editor |
Cursor | AI-native code editor | Free / $20/mo | Developers who want a dedicated AI-first IDE |
Pricing reflects publicly available information as of May 2026 and may change. Always check official sources before purchasing.
Is Codex the same as GitHub Copilot?
No. GitHub Copilot is a separate product made by GitHub (owned by Microsoft). It uses AI models including some from OpenAI, but it is primarily an inline code suggestion tool. Codex is an autonomous agent that takes on whole tasks independently and is built and sold by OpenAI through ChatGPT.
Can Codex write production-ready code by itself?
Codex can write code that is often quite good, but it is not always optimised for performance, scalability, or edge cases. Human review before deployment is essential. Treat Codex as a capable but junior contributor whose work always needs a senior check.
Does Codex learn from or store my code?
For Business and Enterprise plans, OpenAI states by default it does not use submitted code to train future models. For individual plans (Plus, Pro), you should review OpenAI's current privacy policy, as terms can change. Check directly with OpenAI if this is a concern for proprietary projects.
Do I need programming experience to use Codex?
Not to give it instructions, but yes to use it responsibly. If you cannot read the code Codex produces, you have no way to know whether it is correct, secure, or efficient. Some basic familiarity with code is recommended before using Codex on anything beyond personal or experimental projects.
What languages does Codex support?
Codex works with most commonly used programming languages, including Python, JavaScript, TypeScript, Go, Rust, Java, C++, and others. Performance is generally strongest in languages heavily represented in publicly available code, such as Python and JavaScript.
What is Goal mode in the Codex desktop app?
Goal mode, introduced in 2026, allows Codex to work toward a long-term objective over an extended period, sometimes hours or even days. Instead of completing a single defined task, it operates continuously toward a broader goal. This feature is designed for complex or extended engineering projects.
Ready to go deeper? Enroll in the AI Bootcamp and learn how to build at the intersection of AI in one weekend.
Disclaimer: This content is for educational and informational purposes only and is not financial advice. Nothing here is a recommendation to buy or sell any asset or use any platform. Do your own research and manage your risk.
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