PANews reported on August 20 that the cryptocurrency exchange Kraken has acquired the assets and technology of Capitalise.ai, an Israel-based code-free trading company. The transaction amount was not disclosed.

Founded in 2015, Capitalise.ai specializes in developing a natural language, code-free platform that supports automated trading strategies across stocks, cryptocurrencies, forex, futures, and options. Kraken plans to launch Capitalise.ai on its Pro platform this year, aiming to lower the technical barrier to entry for advanced trading and help users design, backtest, and automate trading strategies through text. Capitalise.ai's co-founders and core engineering team will join Kraken Pro to drive platform development.