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Kraken Integrates Babylon to Unveil $BTC Staking with 1% APY
Kraken, a prominent crypto exchange, has recently announced its new integration with the pioneering DeFi platform Babylon. The integration focuses on enabling native Bitcoin ($BTC) staking with nearly 1% APY while requiring no lending or bridging. The platform disclosed this development in a recent announcement on its official web portal. The integration between Kraken and Babylon is a milestone to facilitate the users intending to leverage Bitcoin ($BTC) staking. As a part of this development, Kraken will offer native staking of $BTC without requiring lending, bridging, or wrapping. In addition to this, the stakers ... (full story)