US based crypto exchange operator Kraken has announced the acquisition of the assets and technology of Capitalise.ai, an Israel-based pioneer of no-code, natural-language trading automation.

The parties did not disclose the price paid for Capitalise.ai. Keefe, Bruyette & Woods, A Stifel Company, acted as financial advisor to Capitalise in the transaction.

Founded in 2015, Capitalise.ai developed a natural-language platform that transforms everyday text into executable trading strategies. Its proprietary language model and big data infrastructure can ingest real-time and historical data across equities, crypto, FX, futures, options and more.

A phased rollout of Capitalise.ai’s functionality within Kraken Pro is expected to begin later this year.

Capitalise.ai clients have come mainly from the “TradFi” world of FX and CFD brokerage, although a number of crypto focused platforms have integrated its solution. Some of Capitalise.ai’s clients have included Forex.com, Tickmill, CFI, Plus500, FXCM, Eightcap, Exness, AvaTrade, Pepperstone, and ACY Securities, as well as Interactive Brokers and Fidelity in the US. Crypto exchange Binance is also a Capitalise.ai client.

Unlocking the power of natural-language trading

Kraken said that as its Pro platform has evolved, making full use of its advanced features has increasingly required both technical skill and deep trading expertise. Capitalise.ai removes that barrier, enabling clients of all backgrounds to design, test and automate complex strategies using simple, everyday language.

By integrating Capitalise.ai’s technology into Kraken Pro, users will soon be able to automate sophisticated strategies across digital and traditional asset classes without writing a single line of code.

Shannon Kurtas, Kraken Head of Exchange said,

“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.

“Capitalise.ai’s technology transforms how people interact with financial data, breaking down barriers that have long kept scalable, advanced strategies in the hands of a few. This is a major leap forward in democratizing access to pro-grade trading tools.”

Coming soon: Proven innovation, at Kraken scale

Kraken said that Capitalise.ai technology has been deployed by a number of TradFi brokers and exchanges with compelling results, proving to be one of the most engaging automation tools in the retail and institutional space.

Capitalise.ai’s co-founders, CEO Amir Shiovich and CPO Shahar Rabin, along with key product and engineering talent, will join Kraken and continue to innovate within the Kraken Pro business unit.

About Capitalise.ai

Capitalise.ai is an innovative text-based platform designed for financial markets, empowering traders and investors to interact seamlessly with real-time financial data. By describing market scenarios through a user-friendly text interface, users can follow, analyze, and automate their market strategies in real-time, enhancing their portfolio management.

Capitalise.ai provides advanced capabilities traditionally reserved for hedge funds through an easy-to-use interface and proudly serves industry leaders worldwide.