May 28
Kraken Launches Bitcoin Vault As Crypto Platforms Race To Turn Bitcoin Into Yield-Bearing Infrastructure -
➤ Kraken has launched Bitcoin Vault, a new product designed to offer yield on Bitcoin holdings by integrating with DeFi protocols like Aave and Morpho. ➤ This move reflects a broader industry trend of transforming passive crypto assets into income-generating financial infrastructure, driven by institutional and retail demand for yield. ➤ Despite the potential for passive income, the product carries significant risks, including smart contract vulnerabilities and market volatility, and operates in an unregulated space.