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Kraken Prepares AI-Powered Agentic Trading Service

Source
JH Kim

Summary

  • Kraken is preparing to launch an artificial intelligence-powered agentic trading service, Wu Blockchain reported.
  • Autonomous AI agents would monitor markets based on user-set goals, identify trading opportunities and execute orders.
  • Kraken said it is evolving beyond a cryptocurrency exchange into a broader financial services platform spanning payments, banking and lending.

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Cryptocurrency exchange Kraken is preparing to launch an artificial intelligence-powered agentic trading service, crypto-focused media outlet Wu Blockchain reported on July 10.

The service would let autonomous AI agents monitor markets based on user-set goals, identify trading opportunities and execute orders.

Kraken said it is evolving beyond a cryptocurrency exchange into a broader financial services platform spanning payments, banking and lending.

Photo: Shutterstock
Photo: Shutterstock
#AI Trading
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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