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 […]