Kraken Institutional Partners with Upshift to Launch a Customized Crypto Vault
Svmuu News: Kraken Institutional has announced a partnership with the on-chain yield platform Upshift, allowing eligible institutional clients to earn yields directly on their idle Bitcoin, Ethereum, stablecoins, and other crypto assets within Kraken’s compliant custody system.Upshift will build a dedicated, customized vault for each client, designed according to the client’s investment strategy, risk parameters, liquidity needs, and asset allocation. Assets will be allocated to these non-custodial vaults and subsequently deployed into selected on-chain contracts, with the client’s segregated Kraken custodial account receiving receipt tokens.
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