Kraken Institutional Partners With Upshift to Launch Customized Yield Vaults for Institutional Assets

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According to The Block, Kraken Institutional has partnered with onchain yield platform Upshift to enable institutional clients to earn yield on idle Bitcoin, Ethereum, stablecoins, and other crypto assets directly within Kraken's qualified custody. Upshift will build dedicated, non-custodial vaults tailored to each client's investment strategy, risk parameters, and asset mix. Assets deployed into these vaults will be directed to selected onchain contracts, with receipt tokens returned to the client's segregated Kraken custody account. The partnership allows institutional clients to generate yield without establishing separate wallets, counterparties, or protocols, while maintaining institutional-grade risk controls across vault, protocol, chain, and token levels.
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