Kraken Vaults Bring Decentralized Finance Yields to Tokenized Equities

Cryptocurrency exchange Kraken has launched xStocks Vaults, allowing eligible users to earn variable yields on tokenized equity securities and exchange-traded funds via decentralized finance infrastructure.

The digital asset platform rolled out three distinct xStocks vault options on September 14, 2026. Participants can contribute tokenized representations of the SPDR S&P 500 ETF (SPYx), Invesco QQQ ETF (QQQx), and Nvidia corporation stock (NVDAx) to accumulate yields.

The vault technology is supplied by Veda, while Sentora developed and oversees the lending methodology. Kraken clarifies that it neither directs the investment approach nor exercises authority over the foundational protocols.