Kraken Acquires Capitalise.ai to Enhance Trading Automation Features
Kraken has acquired the assets and technology of Capitalise.ai, an Israeli startup focused on a natural-language, no-code platform for automating trading strategies. Key points include:
- Capitalise.ai allows users to create executable trading strategies using everyday language.
- The platform supports analysis of equities, crypto, FX, futures, and options.
- Financial details of the acquisition remain undisclosed.
- Features will be integrated into Kraken Pro later this year to simplify advanced trading.
- Co-founders Amir Shiovich and Shahar Rabin will join Kraken’s Pro unit.
Shannon Kurtas from Kraken indicated that the acquisition enhances real-time strategy execution for clients.