Bitcoin Vault
Coverage of Bitcoin Vault in the Nexus archive.
- Kraken expands Earn suite with Bitcoin Vault paying yield on BTC holdings
Kraken has expanded its Earn product suite with a Bitcoin Vault feature that routes BTC deposits into DeFi lending protocols like Aave and Morpho to generate BTC rewards. The initiative allows users to earn yield on their Bitcoin holdings through decentralized finance platforms.
- Kraken Launches Bitcoin Vault, Offering Yield on BTC Holdings
Kraken has launched Bitcoin Vault, a product within its Kraken Earn suite that allows users to earn BTC-denominated rewards (up to 2.5% APY) on their Bitcoin holdings via DeFi infrastructure. The product leverages partnerships with Veda and Sentora to allocate funds across protocols like Aave and Morpho, targeting long-term holders seeking passive yield. It is available in most jurisdictions except the UK, UAE, and Australia, and reflects Kraken's strategy to expand yield products ahead of its planned 2026 IPO.
- Kraken unveils Bitcoin Vault, expanding yield push for BTC holders
Kraken has introduced a new Bitcoin Vault service designed to offer yield-generating opportunities for Bitcoin holders. The product expands Kraken's offerings in the cryptocurrency market, aiming to attract more investors seeking returns on their BTC holdings.