Kraken Launches xStocks Vaults for Tokenized Asset Yield

On September 14, Kraken introduced xStocks Vaults, allowing users to earn passive yield on tokenized stocks and ETFs. The system utilizes DeFi strategies on the Ink blockchain, where assets are used as collateral to borrow stablecoins, with generated returns automatically reinvested. The process is integrated directly into the Kraken interface, requiring no external wallet management or manual on-chain interaction.