Kraken Launches xStocks Vaults With Yields Up to 2%

Kraken has introduced xStocks Vaults, a yield-generating service for tokenized stocks and ETFs including SPYx, QQQx, and NVDAx. The service, managed by Sentora and utilizing Veda's infrastructure, bridges assets to Solana for use in Kamino's lending protocol. Rewards are automatically reinvested, though the service is not available in Japan, the U.S., the U.K., Canada, or Australia.