Kraken Launches AI Agent That Builds Crypto Portfolios

Crypto exchange Kraken has announced it is rebuilding its mobile app around an AI assistant designed to suggest ready-made investment portfolios and specific trades tailored to users' financial goals. It's the latest major crypto player to put agentic AI at the center of its product, following Coinbase, OKX and Revolut.

The new feature departs from the chatbots bolted onto existing exchange apps so far. Kraken says users will start by defining their financial goals, such as buying a home, saving for retirement or building an emergency fund, and the assistant will shape the entire app interface and its suggestions around that.

How the assistant works

Once it has gathered information on a user's goals and risk tolerance, the system is meant to monitor the market continuously, flag idle funds in the account, suggest recurring purchases and surface investment opportunities. The assistant also prepares ready-to-go buy, sell or conversion orders, which reach the user only as proposals awaiting approval.

Kraken stresses that the tool does not execute trades on its own, positioning it as decision support rather than an automated trading system. That marks a clear distinction from the fully autonomous trading agents other platforms are testing.

There's an opportunity for everyday people to become high-frequency traders and do it in plain, simple language - Kamo Asatryan, Chief Data Officer at Kraken

Exchanges race for agentic AI

Kraken joins a growing group of exchanges that have spent recent months racing to build agentic investment tools. In June, Coinbase introduced a mechanism letting AI agents independently make payments and trade cryptocurrency based on the x402 protocol, and according to Chainalysis data, agentic payment activity on the Base network topped 100 million transactions last month.

OKX, meanwhile, launched a test version of a marketplace for autonomous AI agent trading in June, built on reputation recorded on the blockchain. Revolut has taken a similar path, letting Revolut X exchange customers connect external assistants, including Claude, Gemini, Cursor and OpenClaw, to analyze the market and place orders, though every transaction still requires user approval.

What it means for investors

For the average crypto user, this marks a gradual blurring of the line between chatting with an assistant and actually managing an investment portfolio. The requirement for manual trade approval is meant as a safeguard against errors or abuse, but it also shows that exchanges still aren't ready to hand agents full control over customer funds.

Growing competition among Kraken, Coinbase, OKX and Revolut to build the best investment agent could speed up the rollout of similar features in European markets, including Poland, in the coming months, as interest in trading crypto through mobile apps has been rising there for several years.

A key question concerns regulatory oversight of these tools, particularly under the EU's Markets in Crypto-Assets Regulation, which imposes disclosure obligations on platforms toward consumers using automated investment recommendations.

Sources: Kraken to overhaul app with AI investing assistant (tradingview.com), Kraken to relaunch its mobile app with agentic trading and advice at the center (theblock.co).