Kraken unveils Bitcoin Vault, expanding yield push for BTC holders
Kraken has launched a new product called Bitcoin Vault, aimed at long-term bitcoin holders seeking passive yield. This product allows users to earn BTC-denominated rewards through decentralized finance (DeFi) strategies while maintaining exposure to bitcoin's price. The Bitcoin Vault is part of Kraken's broader DeFi Earn offering, which has seen significant growth since its launch.
- ▪Kraken's Bitcoin Vault is designed for long-term bitcoin holders looking for passive income opportunities.
- ▪The product is powered by Veda and operated by Sentora, utilizing established DeFi protocols like Aave and Morpho.
- ▪Kraken's DeFi Earn offering has surpassed $240 million in assets since its launch in January.
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TechShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailKraken unveils Bitcoin Vault, expanding yield push for BTC holdersThe new earn product lets users generate BTC-denominated rewards through DeFi strategies while keeping exposure to bitcoin’s price.By Will Canny|Edited by Jamie Crawley May 27, 2026, 12:00 p.m. 2 min readMake preferred on Payward and Kraken co-CEO Arjun Sethi. (CoinDesk)What to know: Kraken launched Bitcoin Vault, a new product within Kraken Earn aimed at long-term bitcoin holders seeking passive yield. The product is powered by Veda and operated by Sentora, with funds deployed across DeFi protocols including Aave and Morpho.
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