Kraken Demands "No Code, Just Trade" with AI-Powered Platform Overhaul

Kraken, a prominent technology platform rooted in cryptocurrency, has announced the acquisition of the assets and technology of Capitalise.ai, an Israeli firm specializing in no-code, natural-language trading automation. Founded in 2015, Capitalise.ai developed a platform that converts everyday text into executable trading strategies by leveraging a proprietary language model and big data infrastructure. This technology can process real-time and historical data across a variety of asset classes, including equities, crypto, foreign exchange (FX), futures, and options. The integration of Capitalise.ai into Kraken Pro is expected to begin with a phased rollout later this year [1].

The acquisition is a strategic move by Kraken to democratize access to advanced trading tools. Traditionally, utilizing sophisticated trading platforms has required both technical expertise and deep knowledge of financial markets. Capitalise.ai’s technology simplifies this process by enabling users to design, test, and automate complex trading strategies using natural language, eliminating the need for coding proficiency. This innovation is expected to lower the barrier to entry for a broader range of traders, including retail investors and professionals [2].

Shannon Kurtas, Kraken’s Head of Exchange, emphasized that the integration of Capitalise.ai’s technology will allow Kraken Pro clients to act on trading ideas in real time. According to Kurtas, the platform will enable users to test, optimize, and execute bespoke strategies with unprecedented speed and confidence. She added that Capitalise.ai’s technology represents a major leap forward in making advanced trading tools accessible to a wider audience [3].

Capitalise.ai has already demonstrated success in the traditional finance (TradFi) sector. The firm’s technology has been deployed by multiple brokers and exchanges, where it has shown compelling results in terms of user engagement and strategy execution. Capitalise.ai’s co-founders, Amir Shiovich (CEO) and Shahar Rabin (CPO), along with key members of their product and engineering teams, will join Kraken to continue innovating within the Kraken Pro business unit. This transition is expected to enhance the development and refinement of the platform’s capabilities [4].

The integration of Capitalise.ai into Kraken Pro is part of Kraken’s broader initiative to expand its platform beyond cryptocurrency trading. By adding no-code automation tools, the platform will support digital assets, equities, and derivatives, further broadening its appeal to professional traders and institutional clients. This move aligns with Kraken’s mission to reduce inefficiencies in financial markets and provide scalable solutions for users worldwide [5].

Kraken’s acquisition of Capitalise.ai highlights a growing trend in the financial technology sector: the use of AI and natural language processing to streamline trading operations. As the market continues to evolve, platforms that offer intuitive, user-friendly interfaces are gaining traction among both retail and institutional traders. The success of Capitalise.ai in the TradFi space suggests that its integration into Kraken Pro could have a significant impact on user adoption and platform engagement.

Source:

[1] Kraken Acquires Capitalise.ai to Bring No-Code Trading Automation to Kraken Pro (https://www.businesswire.com/news/home/20250820275978/en/Kraken-Acquires-Capitalise.ai-to-Bring-No-Code-Trading-Automation-to-Kraken-Pro)

[2] Announcing the acquisition of Capitalise.ai, bringing no-code trading automation to Kraken Pro (https://blog.kraken.com/news/capitalise-ai)

[3] Kraken Acquires Israeli Trading Automation Firm Capitalise (https://www.financemagnates.com/cryptocurrency/kraken-acquires-israeli-trading-automation-firm-capitaliseai/)