Kraken Institutional taps Upshift to build vaults that earn yield on idle bitcoin, ETH and stablecoins

The Block·

Kraken Institutional taps Upshift to build vaults that earn yield on idle bitcoin, ETH and stablecoins

60-second summary

Kraken Institutional is partnering with Upshift to build customized vaults that earn yield on idle bitcoin, Ethereum, and stablecoins. Upshift will craft dedicated vaults tailored to each client's unique investment strategy and risk profile, allowing institutions to optimize their cryptocurrency holdings and potentially increase returns. This move caters to growing demand for yield-generating solutions in the institutional space.

Upshift will build dedicated vaults tailored to each client’s specific investment strategy and risk considerations.