[Kraken and Bitwise Collaborate to Launch 'Custom Yield Strategy' New Product] BlockBeats news, February 5, Kraken and Bitwise have collaborated to launch a new product, 'Custom Yield Strategy,' aimed at providing eligible institutional clients with professionally managed, yield-oriented investment strategies. Bitwise is responsible for portfolio management, while Kraken provides custody, execution, and risk oversight services. The new management strategy will utilize previously idle cryptocurrency assets to generate income.