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Kraken Partners With Babylon to Launch BTC Staking With up to 1% APY

Kraken has integrated with DeFi protocol Babylon to offer bitcoin staking, enabling users to earn up to 1% APY without surrendering custody of their BTC. Staked bitcoin contributes to securing Babylon’s proof-of-stake (P...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Kraken Partners With Babylon to Launch BTC Staking With up to 1% APY
Kraken has integrated with DeFi protocol Babylon to offer bitcoin staking, enabling users to earn up to 1% APY without surrendering custody of their BTC. Staked bitcoin contributes to securing Babylon’s proof-of-stake (PoS) supercharged networks, with rewards paid in BABY tokens. Kraken handles the process end-to-end, ensuring ease and security for users while opening the […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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