Kraken Enhances Pro Platform With Natural Language Trading Automation
Kraken is making a bold move into artificial intelligence with its acquisition of Israel-based Capitalise.ai, a no-code trading automation platform that transforms natural-language commands into executable strategies.
By bringing this technology to Kraken Pro, the exchange is positioning itself at the cutting edge of AI-driven crypto trading—offering advanced tools that remove the need for coding expertise.
Capitalise.ai’s system allows traders to design, backtest, and automate strategies across equities, crypto, foreign exchange, futures, and options markets simply by typing their instructions in plain English.
This integration will enable Kraken Pro clients to access sophisticated, real-time trading automation with greater ease and efficiency.
Founded in 2015, Capitalise.ai has built a reputation for simplifying the trading process by turning everyday language into actionable code. Kraken confirmed on August 20 that the technology will be fully integrated into its Pro platform later this year.
The acquisition follows Kraken’s $1.5 billion purchase of U.S. futures platform NinjaTrader earlier this year, underscoring the exchange’s strategy to deliver best-in-class trading solutions to its global user base.
The Crypto Industry’s Accelerating Race Into AI
Kraken’s latest deal highlights a broader trend sweeping the crypto sector, where exchanges, miners, and analytics firms are racing to embed AI across trading, compliance, and infrastructure.
The momentum reflects a growing recognition that artificial intelligence is no longer optional—it is becoming central to the future of digital finance.
In January, blockchain analytics firm Chainalysis acquired Alterya, an AI-powered fraud detection startup, for $150 million. The deal was designed to strengthen real-time monitoring and compliance tools for banks and regulators, an area where AI is proving invaluable.
Web3 super-app xPortal also joined the race, acquiring German startup Alphalink to expand its AI-driven mobile interfaces for crypto users. The move brought Alphalink’s team in-house, allowing xPortal to accelerate development of next-generation AI tools for DeFi and digital identity.
Momentum has only intensified in recent months. On August 11, stablecoin issuer Tether and video platform Rumble announced a joint $1.17 billion bid to acquire Northern Data, a German AI and high-performance computing provider.
The deal aims to fold Northern Data’s GPU cloud operations into Rumble, while Tether has committed to multi-year GPU purchases to secure long-term access to computing power.
That same day, Bitcoin mining firm MARA Holdings struck a $168 million deal to acquire a 64% stake in French AI leader Exaion, a subsidiary of the state-owned utility EDF. Exaion’s partnerships with Nvidia and Deloitte are expected to boost MARA’s high-performance computing capabilities, with an option to increase its stake to 75% by 2027.
New Paths to Crypto and AI Integration
Not all companies are pursuing acquisitions. In July, Coinbase chose a different path by partnering with Perplexity AI to integrate its COIN50 index data into the search engine.
This collaboration embeds crypto data directly into real-time AI-powered responses, showing that strategic partnerships can be just as impactful as acquisitions.
As competition intensifies, Kraken’s move to acquire Capitalise.ai illustrates how central AI is becoming to the evolution of trading platforms. By lowering the barriers to advanced strategy execution, Kraken is not only empowering its users but also reinforcing its position as a leader in the integration of AI and crypto.