Crypto exchange Kraken has acquired the assets and technology of Capitalise.ai, an Israel-based startup that built a natural-language, no-code platform for automating trading strategies across multiple asset classes, the company said in a press release Wednesday.
Keefe, Bruyette & Woods, a Stifel company, acted as financial advisor to Capitalise.ai. Financial details of the acquisition were not disclosed.
Founded in 2015, Capitalise.ai developed a system that lets users turn everyday text into executable trading strategies.
The company’s technology supports real-time and historical data analysis spanning equities, crypto, FX, futures and options. Its tools have been used by a range of traditional finance brokers and exchanges.
Kraken said it will begin rolling out Capitalise.ai’s featu