Kraken Acquires Capitalise.ai to Boost No-Code Trading

Kraken has acquired the assets and technology of Capitalise.ai, a Tel Aviv-based company specializing in natural-language, no-code trading automation.

Founded in 2015, Capitalise.ai enables traders to create and execute strategies across multiple asset classes—including equities, cryptocurrencies, FX, futures, and options—simply by typing commands in plain text. As part of the deal, Capitalise.ai’s co-founders and core engineering team will join Kraken Pro, with integration of its technology expected later in 2025. This move strengthens Kraken’s position as it expands beyond being a traditional crypto exchange into a comprehensive multi-asset financial services provider.

Key Highlights

• Kraken acquires Capitalise.ai’s tech and team for Kraken Pro
• No-code platform enables retail traders to build algorithmic strategies
• Acquisition strengthens Kraken’s multi-asset financial services push

The acquisition follows Kraken’s $1.5 billion purchase of NinjaTrader, which merged crypto with U.S. futures trading and added two million traders to its ecosystem. This consolidation trend mirrors strategies by other leading exchanges, such as Binance’s acquisition of WazirX to enter India’s billion-user market.

Capitalise.ai’s technology underscores a broader industry shift: the democratization of algorithmic trading. Once reserved for hedge funds and high-frequency trading firms, algorithmic strategies are now becoming accessible to retail traders without coding skills or expensive infrastructure.

This shift is supported by explosive market growth—the global algorithmic trading market, valued at $21.06 billion in 2024, is projected to reach $42.99 billion by 2030, growing at a 12.9 percent CAGR.

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By integrating AI automation, cross-asset trading, and regulatory compliance, exchanges like Kraken are moving away from competing solely on fees and instead building technology-driven ecosystems that empower both institutional and retail investors.