GoKawiilEx-crypto hedge fund manager rebuilds firm using only AI agents, cuts costs 99%
Brian Kelly, who previously ran a cryptocurrency hedge fund, has launched a new trading firm called Bracket22 that operates entirely through agentic AI rather than human staff. He told CNBC that his prior operation cost roughly $5 million annually in payroll, benefits and office expenses for seven or eight employees, while Bracket22 now runs on just $30,000 to $40,000 a year covering all AI agents and computing needs.