AI Debate Between Kraken and Dragonfly: Trust in Portfolio Management

AI Agents and Financial Trust During a panel at the NEARCON 2026 conference, Dragonfly Managing Partner Haseeb Qureshi and Kraken co-CEO Arjun Sethi evaluated the potential of autonomous AI agents to manage crypto assets.
The discussion focused on the level of trust required for systems capable of moving capital without human intervention.
Haseeb Qureshi maintained a cautious stance regarding the current capacity of the technology.
Arguing that the industry overestimates AI's readiness, Qureshi emphasized that a 95% reliability rate is insufficient for large-scale capital management.
He warned against confusing technology demonstrations with robust, real-world systems.
Rapid Adaptation and Future Outlook Arjun Sethi, on the other hand, stated that innovation is progressing at an exponential pace and that financial infrastructure is beginning to adapt to this change.
Sethi announced that Kraken is working on new AI-based features to be launched for users shortly.
Addressing security risks, Sethi noted that defense mechanisms will evolve simultaneously with emerging threats.
A Sharp Divide in Portfolio Management The most striking moment of the panel was the differing approaches of both figures toward entrusting their own portfolios to AI.
When asked how much of his portfolio he would hand over to an autonomous agent under current conditions, Qureshi gave a conservative figure of 5%, while Sethi surprised attendees by answering 100%.
Sethi stood by his vision, stating that he is ready to transfer all his assets to an autonomous system within the next 6 to 12 months.