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Kraken’s Arjun Sethi says he’d eventually trust AI agents with 100% of his crypto — Dragonfly’s Haseeb Qureshi isn’t convinced

CoinDesk
Kraken's Arjun Sethi would trust AI agents with 100% of his crypto soon, while Dragonfly's Haseeb Qureshi remains unconvinced about current reliability.

Summary

At NEARCON 2026, Kraken co-CEO Arjun Sethi and Dragonfly's Haseeb Qureshi debated the timeline for trusting autonomous AI agents with significant cryptocurrency. While both agree agents will eventually manage capital, Qureshi argued that even 95% reliability is insufficient for real economic activity, cautioning against hype from social media demos and stating the industry is still in the "nothing phase."

Sethi countered that the pace of innovation is exponential, asserting that Kraken is already building agent-like capabilities for customers that are weeks or months away, not years. When asked directly, Qureshi stated he would only trust an AI with 5% of his portfolio today, whereas Sethi claimed he would entrust 100% within the next six to twelve months. This exchange highlights a growing split in crypto regarding the near-term viability and acceptable risk level for autonomous finance.

(Source:CoinDesk)