Kraken unveils Bitcoin Vault, expanding yield push for BTC holders

The new earn product lets users generate BTC-denominated rewards through DeFi strategies while keeping exposure to bitcoin’s price. What to know : Kraken launched Bitcoin Vault, a new product within Kraken Earn aimed at long-term bitcoin holders seeking passive yield. The product is powered by Veda and operated by Sentora, with funds deployed across DeFi protocols including Aave and Morpho. The crypto platform's broader DeFi Earn offering has grown to more than $240 million in assets since launching in January.