Kraken Institutional partners with Upshift to launch a customized crypto vault.

Odaily Planet Daily reports that Kraken Institutional has announced a partnership with on-chain yield platform Upshift, allowing qualified institutional clients to earn yield directly on their idle Bitcoin, Ethereum, stablecoins, and other crypto assets within Kraken's compliant custody system. Upshift will build dedicated, customized vaults for each client, designed based on their investment strategy, risk parameters, liquidity needs, and asset portfolio. Assets will be allocated to these non-custodial vaults and subsequently deployed to selected on-chain contracts, where clients' segregated Kraken custody accounts will receive receipt tokens.