Kraken Acquires Capitalise.ai to Power No-Code AI Trading on Kraken Pro

What Happened

Kraken, a major global cryptocurrency exchange, has acquired Israeli fintech startup Capitalise.ai to integrate its no-code trading automation technology into Kraken Pro. Capitalise.ai specializes in offering AI-powered, no-code solutions enabling traders to create, test, and automate trading strategies without writing code. This move strengthens Kraken\’s position in providing advanced trading tools, particularly AI-driven features, to a global user base. The acquisition will enable both beginner and professional users to deploy algorithmic trading workflows and access sophisticated trading infrastructure through an easy-to-use interface, reducing reliance on technical skills. Financial details were not disclosed.

Why It Matters

The acquisition signifies a broader trend of democratizing algorithmic trading by leveraging AI and no-code technology. It could lower barriers for retail traders and accelerate industry adoption of automation in crypto markets. Read more in our AI News Hub