Kraken has launched three xStocks vaults offering estimated net yields of up to 2% on tokenized versions of Nvidia shares and two U.S.-listed exchange-traded funds. According to Kraken’s official announcement, eligible customers can earn variable on-chain yields on SPYx, QQQx…
Kraken's xStocks Vaults could revolutionize tokenized equities by integrating DeFi yield, potentially reshaping investment strategies globally.
The product targets up to 2% APY by moving xStock collateral from Ink to Solana, while a 25% performance fee and DeFi lending risks apply.