Leading digital currency marketplace, Kraken, has officially stated its acquisition of the resources and technological advancements of Capitalise.ai, an innovative Israeli firm. Capitalise.ai specializes in crafting user-friendly, code-free trading automation through natural language processing. As part of this agreement, the founding members and essential technical personnel from Capitalise.ai will integrate into Kraken’s professional trading sector.
Established in Tel Aviv in 2015, Capitalise.ai has pioneered a platform enabling traders to convert plain text commands into automated trading tactics. Their unique linguistic framework, coupled with a powerful data analysis engine, is capable of analyzing both current and past market data across a spectrum of assets. This includes traditional stocks, digital currencies, foreign exchange, futures contracts, and options trading.
Amir Shiovich, the Chief Executive Officer, and Shahar Rabin, the Chief Product Officer, both co-founders of Capitalise.ai, will be joining Kraken. They will be accompanied by their core team members from product development and engineering, contributing their expertise to the expanding cryptocurrency platform.