Kraken unveils Bitcoin Vault to enhance yield for BTC holders
Kraken has launched a new product called Bitcoin Vault to help Bitcoin holders earn yield. This product allows users to deposit their BTC and earn an estimated 2% annual percentage yield through decentralized finance strategies. The Bitcoin Vault utilizes a wrapped token called kBTC and includes features like auto-compounding and a non-custodial wallet for user control over assets.
- ▪Kraken's Bitcoin Vault was launched on May 21, 2026.
- ▪Users can earn an estimated 2.0% annual percentage yield by depositing BTC into the vault.
- ▪The product uses a non-custodial embedded wallet, allowing users to maintain control over their assets.
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Kraken unveils Bitcoin Vault to enhance yield for BTC holders The exchange's new DeFi Earn product wraps BTC into kBTC on its Ink network, offering an estimated 2% APY through overcollateralized lending strategies. Share Add us on Google by Editorial Team May. 27, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Kraken just made it a lot easier for Bitcoin holders to earn yield without leaving the exchange.
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