Kraken acquires no-code trading firm Capitalise.ai

Cryptocurrency exchange Kraken has announced the acquisition of assets and technology from Israeli company Capitalise.ai. Capitalise.ai focused on developing a no-code, natural language trading automation platform that supports trading strategies across multiple asset classes. The acquisition will enable Kraken Pro users to create, test, and automate trading strategies using everyday text without writing code. Kraken plans to launch these new features on the Pro platform later this year. Capitalise.ai co-founder and core engineering team will join Kraken. Financial details of the acquisition were not disclosed.