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 yield to users in the form of additional xStocks. In a Monday announcement, Kraken specified that the first xStocks vaults support tokenized versions of the SPDR S&P 500 ETF ( SPYx ), the Invesco QQQ ETF ( QQQx ), and Nvidia ( NVDAx ). Withdrawal requests are processed within three days, while yield is paid in the deposited tokens. Key takeaways Kraken’s xStocks vaults generate yield by lending tokenized equities and ETFs through DeFi markets. Supported assets include SPYx , QQQx , and NVDAx , with yield paid in the deposited xStocks. Kraken says vault withdrawals are handled on a three-day processing timeline. The vaults build on the infrastructure of Kraken DeFi Earn , launched in January and ...