Kraken Institutional Partners with Upshift to Launch Customized Crypto Vaults

Odaily Planet Daily News: Kraken Institutional has announced a partnership with on-chain yield platform Upshift, allowing qualified institutional clients to directly earn yields on idle Bitcoin, Ethereum, stablecoins, and other crypto assets within Kraken's compliant custody framework. Upshift will build dedicated, customized vaults for each client, designed based on their investment strategies, risk parameters, liquidity needs, and asset portfolios. Assets will be allocated to these non-custodial vaults and subsequently deployed into selected on-chain contracts. Receipt tokens will be issued to the clients' segregated Kraken custody accounts.