Kraken is preparing to reintroduce its app with agentic trading at its core, a development that could mark the next major competitive battleground for crypto exchanges, the company told CNBC exclusively.

Agentic trading is when AI agents autonomously make trading decisions, execute transactions and potentially manage portfolios, based on human inputs. Unlike traditional automated systems that follow fixed rules, agentic platforms can evaluate multiple variables, learn from new information and pursue objectives defined by the human prompting it, within set parameters.

Kraken said its platform will give users access to agents capable of continuously monitoring markets, identifying investing opportunities and executing trades in real time….