Kraken Partners with Upshift to Offer Custom DeFi Vaults for Yield Generation

Kraken Institutional has partnered with on-chain yield platform Upshift to launch a custom Vault service for institutional clients. This new service will allow qualified investors to generate yield on custodied digital assets, including Bitcoin (BTC), Ethereum (ETH), and stablecoins.

The vaults will be managed through Upshift's on-chain yield infrastructure, which integrates with Kraken's custody and trading services. This allows clients to maintain their assets under Kraken's security framework while accessing decentralized finance opportunities.

The partnership addresses the concerns of traditional finance players about DeFi due to smart contract risk, liquidity fragmentation, and regulatory uncertainty. By offering custom vaults with dedicated risk parameters, Kraken and Upshift aim to provide a compliant on-ramp to DeFi yields.