Kraken unveils Bitcoin Vault, expanding yield push for BTC holders
CoinDesk
Kraken has launched Bitcoin Vault, a new product allowing BTC holders to earn yield through DeFi protocols without complex manual management.Summary
Kraken has introduced "Bitcoin Vault," a yield-generating product designed for long-term BTC holders who want to earn passive income without selling their assets. Powered by Veda and operated by Sentora, the service allocates user funds across established DeFi lending protocols such as Aave, Morpho, and Tydro. This offering aims to simplify the complexities of decentralized finance by automating asset deployment and risk management directly within the Kraken platform. This initiative marks a strategic move by Kraken to capture demand for transparent, onchain financial products as the exchange continues to expand its "Kraken Earn" ecosystem.
(Source：CoinDesk)