Kraken Acquires Israeli Trading Automation Firm Capitalise.ai
Kraken has acquired Capitalise.ai, an Israel-based developer of no-code trading automation tools, as it looks to make advanced strategy design and execution accessible to a broader range of traders. The deal will see Cap...
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Kraken has acquired Capitalise.ai, an Israel-based developer of no-code trading automation tools, as it looks to make advanced strategy design and execution accessible to a broader range of traders. The deal will see Capitalise.ai’s technology integrated into Kraken Pro, with a phased rollout planned later this year.
Kraken Eyes Trade Automation
Founded in 2015, Capitalise.ai created a platform that converts natural-language instructions into executable trading strategies. The system draws on both real-time and historical market data across equities, crypto, FX, futures, and options, allowing users to build, backtest, and automate trades using everyday text.
Kraken said the integration is aimed at lowering barriers for retail and professional traders alike. “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,” said Shannon Kurtas, Head of Exchange at Kraken.
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Capitalise.ai’s software has already been deployed by several traditional finance brokers and exchanges. As part of the deal, Capitalise.ai’s co-founders Amir Shiovich and Shahar Rabin, along with their product and engineering teams, will join Kraken to continue development under the Pro business unit.
The acquisition highlights Kraken’s push to expand the scope of its Pro platform beyond crypto trading. By adding Capitalise.ai’s no-code technology, users will be able to automate strategies for digital assets, stocks, foreign exchange, and derivatives.
More Collaborations by Capitalise.ai
Capitalise.ai has been expanding its reach with collaborations with various global firms. The most notable was last year when the firm entered into a partnership with Microsoft to advance text-based services in the financial markets.
The collaboration aimed to deliver improved tools for traders, investors, and financial institutions, with a focus on streamlining data use, enabling automation, and enhancing interaction with real-time market information.
As part of the agreement, Microsoft will integrate Capitalise.ai’s technology into its Microsoft Cloud for Financial Services. This move is expected to extend the reach of Capitalise.ai’s platform, leveraging Microsoft’s global footprint and cloud infrastructure to make the solution accessible to a wider base of users.
This article was written by Jared Kirui at www.financemagnates.com.Why this matters
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