Kraken to relaunch its mobile app with agentic trading and advice at the center
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Crypto exchange Kraken is relaunching its mobile app to put agentic trading at the center of its user experience, according to a blog shared with The Block on Friday.
Key facts
- That said, the blog notes that any "investment advice on crypto assets is provided by Payward Interactive, Inc
- Then, in June, during Coinbase's major "System Update," the exchange unveiled its upcoming Coinbase Advisor feature, an SEC-registered AI-powered financial advisor that has been described
- Founded in 2011, Kraken also began making moves last year to prepare for a potential public offering
- Other exchanges, including OKX and Binance, have also been adding AI capabilities
Summary
"Unlike other trading platforms, this won't be an AI assistant or a copilot bolted onto the old version of the app," the blog reads. Kraken is not the only crypto exchange looking to AI to revamp its trading experience. Then, in June, during Coinbase's major "System Update," the exchange unveiled its upcoming Coinbase Advisor feature, an SEC-registered AI-powered financial advisor that has been described as a "robo-advisor on steroids. Kraken's agentic system will feature autonomous AI agents capable of monitoring markets and suggesting trades to users aligned with their pre-define goals.