Tokenization Meets DeFi: Wall Street Assets Go Onchain Yield

Kraken launched xStocks vaults letting users earn DeFi lending yield on tokenized versions of SPY, QQQ, and Nvidia (NVDAx) — a direct pipeline from Wall Street's favorite instruments into onchain money markets. The vaults, powered by Veda with strategies managed by Sentora, route collateral through lending protocols like Kamino on Solana. Yield is paid in the deposited xStocks themselves, and withdrawals clear within three days. The launch builds on...