Kraken launches DeFi yield vaults for tokenized stocks and major ETFs

Kraken has introduced xStocks vaults enabling investors to earn yield on tokenized versions of Nvidia $NVDA, major U.S. stock market ETFs $SPY, and other equities by lending the assets in DeFi markets.

The offering bridges traditional finance and decentralized finance, allowing traders to generate passive income on tokenized securities while maintaining exposure to underlying assets through Kraken's integration with lending protocols.

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