Kraken Pro Acquires AI Tech to Let Traders "Speak" Their Strategies

Kraken Pro has announced the acquisition of the assets and technology of Capitalise.ai, an Israel-based fintech firm specializing in no-code, natural-language trading automation. The integration aims to enhance the functionality of Kraken Pro’s trading platform by incorporating advanced automation tools that allow users to create and execute trading strategies using natural language inputs [1]. Founded in 2015, Capitalise.ai developed a proprietary platform capable of converting everyday text into executable strategies, leveraging big data infrastructure and a language model to process real-time and historical financial data across equities, cryptocurrencies, foreign exchange, futures, and options [1].

The acquisition marks a significant step in Kraken Pro’s efforts to democratize access to advanced trading tools. Traditionally, sophisticated trading strategies required both technical coding skills and in-depth market knowledge. With the integration of Capitalise.ai’s technology, Kraken Pro aims to eliminate these barriers, enabling users of all backgrounds to design and automate complex trading strategies without writing a single line of code [1]. This feature is expected to be rolled out in phases later this year, according to Kraken officials [1].

Shannon Kurtas, Head of Exchange at Kraken, emphasized the strategic value of the acquisition, stating that it empowers clients to act on their trading ideas in real time. “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,” she said [1]. The integration is also intended to provide users with greater confidence and efficiency in executing customized strategies, a key requirement in the fast-moving crypto and traditional financial markets [1].

Capitalise.ai’s technology has previously been adopted by several traditional finance (TradFi) brokers and exchanges, with positive results reported in both retail and institutional trading environments. The firm’s ability to deliver engaging automation tools has made it a notable player in the fintech space, and its integration into Kraken Pro is expected to enhance user engagement on the platform [1]. Kraken Pro’s platform will leverage this technology to offer scalable, advanced trading strategies that were previously accessible only to a select group of professionals [1].

The acquisition also involves key personnel from Capitalise.ai, including its co-founders—CEO Amir Shiovich and CPO Shahar Rabin—as well as product and engineering teams. These individuals will join Kraken Pro and continue to innovate within the business unit, ensuring the seamless integration of the new technology [1]. The move aligns with Kraken’s broader strategy to expand and modernize its Pro offerings, making it more competitive in the rapidly evolving cryptocurrency and digital asset trading market.

Source: [1] Announcing the acquisition of Capitalise.ai, bringing no-... (https://blog.kraken.com/news/capitalise-ai)