- Kraken acquires Israel-based Capitalise.ai.
- No-code trading automation technology to be integrated by 2025.
- Shannon Kurtas emphasizes empowerment of Kraken clients.
- Aim to remove barriers to professional-grade tools.
- Financial terms not disclosed.
Kraken has acquired Israel-based Capitalise.ai to integrate no-code trading automation into Kraken Pro by 2025, expanding capabilities for retail and institutional traders.
The acquisition is set to democratize advanced trading tools, bolstering Kraken’s position in AI-driven algorithmic markets with no immediate financial disclosures affecting BTC, ETH, or altcoins.
Kraken has acquired Capitalise.ai, an Israel-based firm, to integrate their no-code trading automation technology into Kraken Pro by 2025. Capitalise.ai specializes in natural-language commands to simplify trading strategy execution.
Shannon Kurtas, Head of Exchange at Kraken, emphasized the acquisition empowers clients to act on trading ideas, optimizing and executing strategies with speed and confidence.
“This acquisition gives Kraken Pro clients a powerful new way to act on ideas in real time—testing, optimizing, and executing bespoke strategies with unprecedented speed and confidence,”said Kurtas, highlighting a transformative moment for the firm. Co-founders Amir Shiovich and Shahar Rabin will join Kraken with key staff.
The agreement aims to transform trading by removing barriers to professional-grade tools, thus attracting retail and institutional clients. This acquisition reflects the movement towards accessible trading solutions for non-experts. Financial terms have not been disclosed. The integration will allow clients to trade digital and traditional assets using natural language, aiming to expand their user base extensively.
On-chain data shows no immediate change in TVL, liquidity, or stakeholders. The broader industry context points to rising interest in AI-driven algorithmic trading, projected to grow significantly.
This acquisition aligns Kraken with a broader trend of incorporating no-code solutions, likely boosting trading volumes and retail engagement. However, regulatory scrutiny on trading algorithms remains a concern for exchanges.
