Kraken Institutional said it has partnered with on-chain yield platform Upshift to let eligible institutional clients earn yield on idle Bitcoin, Ether, stablecoins and other crypto assets while remaining inside Kraken’s compliant custody framework. The setup is built around dedicated vaults rather than pooled structures. According to the announcement, Upshift will create a separate customized vault for each client based on that client’s investment strategy, risk parameters, liquidity needs and portfolio composition. Assets will be allocated to these non-custodial vaults and then deployed into selected on-chain contracts. In return, the client’s segregated Kraken custody account will receive a receipt token. The arrangement is aimed at giving institutional clients a way to access on-chain yield strategies without moving outside Kraken’s custody environment.
Kraken Institutional has partnered with on-chain yield platform Upshift, allowing eligible institutional clients to earn yield on idle Bitcoin, Ether, stablecoins and other crypto assets within Kraken’s compliant custody framework.
Instead of using a traditional pooled vault model, Upshift will build a dedicated customized vault for each client. The company said each vault will be tailored to the client’s investment strategy, risk parameters, liquidity needs and portfolio composition.
Assets will be allocated to these non-custodial vaults and then deployed into selected on-chain contracts. A receipt token will be issued to the client’s segregated Kraken custody account.
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