Kraken expands Earn suite with Bitcoin Vault paying yield on BTC holdings
Hex37's read
- Kraken launches Bitcoin Vault for yield on BTC deposits.
- Deposits are lent to DeFi protocols like Aave and Morpho.
- This generates BTC rewards for users.
What it means for traders
- Increased institutional interest in DeFi yield generation for BTC.
- Potential for more centralized exchanges to offer similar yield products.
Affected markets
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