Kraken Launches Customizable Crypto Vault, Idle Bitcoin, ETH, and Stablecoins Can Earn Yield

BlockBeats News, July 16th, Kraken Institutional announced a partnership with the on-chain yield platform Upshift, allowing eligible institutional clients to directly earn yield on idle Bitcoin, Ethereum, stablecoins, and other crypto assets within Kraken's compliant custody framework. Unlike traditional pooled custody, Upshift will build a dedicated custom vault for each client, tailored entirely to the client's investment strategy, risk parameters, liquidity needs, and asset composition. Assets will be allocated to these non-custodial vaults, then deployed to selected on-chain contracts, with the client's segregated Kraken custody account receiving a receipt token.