Kraken Clients Can Now Earn Onchain Yield on xStocks
In St. Helier, Jersey, Kraken, a prominent digital asset platform, unveiled a new feature allowing users to earn extra yield on specific tokenized stocks and ETFs from recently introduced vaults. Starting today, clients can assign SPYx, QQQx, and NVDAx to xStocks vaults through the Kraken and Kraken Pro interfaces. The yields are generated from onchain lending protocols and paid in-kind, accumulating continuously for users. This offering aims to provide additional value to clients through the opportunity to generate earnings on their assets.
