Kraken Adds DeFi Yield on Tokenized Stocks and ETF Assets

Kraken has rolled out new onchain yield vaults that let eligible customers earn returns on tokenized stocks and exchange-traded funds (ETFs). The exchange says its xStocks vaults will lend deposited assets through decentralized finance (DeFi) protocols, distributing the resulting...

• Kraken has launched 'xStocks' vaults allowing eligible customers to earn yield on tokenized stocks and ETFs by lending them through DeFi protocols.
• The initial offerings include tokenized versions of SPDR S&P 500 ETF (SPYx), Invesco QQQ ETF (QQQx), and Nvidia (NVDAx), with yield paid in xStocks.
• Availability is restricted to the European Economic Area and certain other jurisdictions, excluding the US, UK, Canada, Australia, and UAE, reflecting ongoing regulatory scrutiny of tokenized assets.

Topics: Asset types, Institutional adoption, Integration with defi, Financial instruments, Asset manager initiatives, Rwa collateral lending

Tags: #kraken #tokenizedstocks #etfs #defiyield #xstocks #spyx #qqqx #nvdax #onchainlending #europeaneconomicarea

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Solstice CMO on SLX and Sustainable DeFi Yield

Solstice CMO Ryan Day discusses SLX, eUSX, institutional DeFi, stablecoins, Solana, and why sustainable crypto yield must be built on real business fundamentals.

• Solstice's CMO, Ryan Day, emphasizes building a sustainable DeFi yield infrastructure based on real business fundamentals rather than token incentives, highlighting their SLX token launch after establishing a live strategy and significant deposits.
• The discussion addresses institutional DeFi's need for transparency and robust risk management, contrasting Solstice's delta-neutral strategy with past 'extractive tokenomics' and focusing on verifiable operating discipline.
• Day also touches on the coexistence of permissioned and open access models, the challenges of scaling institutional adoption, and the importance of boring, consistent execution for building trust in the crypto space.

Topics: Institutional adoption, Integration with defi, Asset types, Asset manager initiatives, Rwa collateral lending, Stablecoins digital cash

Tags: #solstice #slx #eusx #defiyield #stablecoins #institutionaldefi #deltaneutral #solana #riskmanagement #transparency

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