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CryptoProwl
Wed, May 27, 2026 astatine 7:50 AM CDT 1 min read
Cryptocurrency speech Kraken has launched a caller Bitcoin Vault (CRYPTO: $BTC) that offers passive output to semipermanent holders of the integer asset.
Privately held Kraken says its customers tin present gain output connected their Bitcoin holdings without selling the cryptocurrency.
The Bitcoin Vault merchandise works with Kraken Earn and allows users to triumph rewards denominated successful BTC portion maintaining vulnerability to the cryptocurrency’s terms movements.
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It is aimed astatine semipermanent investors who are seeking passive income opportunities tied to integer assets, said Kraken successful a quality release.
The caller offering is powered by DeFi infrastructure supplier Veda and operated by Sentora, with lawsuit assets allocated crossed established onchain lending and output protocols.
“Many Bitcoin holders connected Kraken person made it wide they privation simple, harmless ways to gain connected the Bitcoin they already program to hold… Bitcoin Vault is built for that mindset,” said the firm.
Crypto vaults are pooled concern products that deploy users’ assets crossed DeFi protocols to make yield.
Bitcoin Vault marks the latest measurement successful Kraken’s propulsion into onchain fiscal products arsenic exchanges question to pull users seeking output procreation connected their crypto holdings.
Kraken has been expanding its merchandise offerings up of an archetypal nationalist offering (IPO) that’s expected aboriginal this year.
The company’s banal is presently not traded connected a nationalist exchange.
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