Kraken Launches AI Agent Trading, Bets on Automation to Boost Retail Trading Capabilities

CoinFeed July 10 news, according to CNBC reports, Kraken plans to launch trading functionality centered around AI agents (agentic trading) in its app, allowing users to have intelligent agents automatically monitor the market, discover opportunities, and execute trades through natural language instructions. This feature uses AI during the account opening process to assess users' risk preferences, funding sources, and financial status, and generates a portfolio that users can adjust and confirm, subsequently providing portfolio-related information and rebalancing suggestions. Kraken stated that AI agents will help non-professional users participate in the market in a manner close to high-frequency and professional traders, and as part of its strategy to extend into broader financial services such as payments, banking, and lending, combining stablecoins and asset tokenization.