Kraken, Upshift to launch custom DeFi vaults for institutions

Kraken Institutional has partnered with on-chain yield platform Upshift to offer a custom Vault service, allowing institutional clients to generate yield on their custodied cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and stablecoins. According to The Block, the partnership will involve building dedicated vaults tailored to each client's investment strategy, risk appetite, liquidity needs, and asset composition.