Tuesday, July 29, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Kraken Has Launched the First-Ever Native Staking Service for the Bitcoin Network — Earn Yield Without Leaving the Chain

19 June 2025
in Crypto Updates
Reading Time: 4 mins read
0 0
A A
0
Home Crypto Updates
Share on FacebookShare on Twitter


Key Takeaways:

Kraken introduces BTC staking with Babylon – a Bitcoin-native protocol; no wrapping, bridging, or lending wanted.Customers maintain full management of their BTC whereas being rewarded in BABY for securing PoS networks.This marks a milestone for BTCFi, unlocking passive yield potential for idle Bitcoin on one of many world’s main exchanges.

Kraken has launched a brand new function which will change how Bitcoin capabilities in decentralized finance. With a direct connection to Babylon, a Bitcoin-native staking protocol, Kraken customers can now stake their BTC whereas sustaining custody, belief, and community safety. This transfer introduces a brand new utility layer to Bitcoin—staking—with out altering its core design rules.

Learn Extra: Kraken Evaluate (2025): Is It a Secure Crypto Trade to Commerce

kraken-has-launched-the-first-ever-native-staking-service-for-the-bitcoin-network-earn-yield-without-leaving-the-chain

Kraken Launches Bitcoin Staking: A First for BTC Holders

In a significant improvement for the Bitcoin ecosystem, Kraken now helps native BTC staking by way of the Babylon protocol. That is the first time Bitcoin may be staked natively via a significant alternate—a big leap for BTC, which has traditionally been excluded from staking due to its Proof-of-Work (PoW) consensus mannequin.

Not like Ethereum or Solana staking, Kraken’s answer permits Bitcoin for use as financial safety for Proof-of-Stake (PoS) networks—all with out wrapping BTC right into a token on one other chain.

Bitcoin can now earn rewards as an alternative of simply sitting in alternate wallets. This helps the decentralization and validation procedures of recent PoS ecosystems.

Learn Extra: Coinbase vs. Kraken: Evaluating Charges, Options, and Extra

How It Works: BTC Staking With out Custody Loss

Staking with Babylon – No Bridges, No Wraps, No Middlemen

The mixture of Kraken and Babylon gives a non-custodial staking expertise. By means of a protected staking script utilizing Bitcoin’s built-in system, customers can assign their BTC. Since BTC stays locked on the Bitcoin blockchain, in contrast to different staking strategies, there is no such thing as a threat of bridge assaults or failures from third events.

Key options:

Customers retain possession: BTC by no means leaves the Bitcoin community.Rewards are earned in BABY, Babylon Genesis’s native token.Staking is totally verifiable, managed by Bitcoin scripts, and validated by the general public.Unstaking is obtainable always, and takes a 7-day unbonding interval earlier than the BTC may be returned.

This stage of transparency and safety can also be more likely to have attraction for retail shoppers and establishments that need to make the most of idle BTC with out leaving the ecosystem.

Strategic Impression: From Idle Bitcoin to Yield-Producing Asset

Bitcoin has lengthy been seen as a “retailer of worth”, however not as a productive asset. Kraken’s staking product modifications that.

kraken-has-launched-the-first-ever-native-staking-service-for-the-bitcoin-network-earn-yield-without-leaving-the-chainkraken-has-launched-the-first-ever-native-staking-service-for-the-bitcoin-network-earn-yield-without-leaving-the-chain

“A considerable quantity of Bitcoin at the moment sits idle on our alternate,” mentioned Mark Greenberg, International Head of Shopper at Kraken. “With this launch, shoppers can now earn a return on their BTC whereas additionally enabling rising PoS blockchains to profit from the financial weight of Bitcoin.”

By enabling BTC to assist PoS community safety, Kraken is increasing Bitcoin’s position past hypothesis and storage—into infrastructure-level utility. Babylon’s design ties the financial price of Bitcoin to the efficiency and safety of different chains. This makes it attainable to maneuver worth between chains with out dropping Bitcoin’s decentralization.

Babylon’s Imaginative and prescient: Unlocking BTCFi Potential

This new concept relies on the Babylon Genesis protocol. Not like Layer-2 Bitcoin scaling options or artificial BTC merchandise, Babylon permits actual BTC to safe different networks via staking delegation.

In accordance with Clayton Menzel, Head of Enterprise Growth at Babylon Labs:

“Kraken’s integration with Babylon exhibits how trust-minimized Bitcoin staking can scale. This launch channels Bitcoin’s financial gravity into securing the following wave of PoS ecosystems and marks a significant step towards a BTC-native DeFi panorama.”

BABY is the reward token for stakers. It additionally has governance and utility roles within the Babylon ecosystem, permitting customers to:

Take part in Babylon governanceAccess BTCFi servicesEarn additional staking incentives

This creates a suggestions loop between Bitcoin holders and Babylon-based functions. It drives deeper integration between Bitcoin and PoS-based DeFi techniques.

Availability and Interfaces

BTC staking via Babylon is now obtainable on Kraken’s major and Professional interfaces. No further pockets setup is required. Customers can:

Stake BTC with just a few clicks from their Kraken dashboardMonitor BABY rewards in actual timeUnstake anytime with a 7-day delay

Seamless integration eradicates friction for Kraken’s international consumer base comprising hundreds of thousands of merchants and numerous establishments worldwide successfully.

Kraken’s transfer positions it squarely forward of rivals in quickly evolving staking innovation landscapes in a single day just about. Kraken begins providing direct verifiable BTC staking on a public.



Source link

Tags: BitcoinChainEarnFirstEverKrakenLaunchedleavingNativeNetworkServiceStakingYield
Previous Post

DeePle to Launch Generation 2 with New Customisation Features

Next Post

JPMorgan Chase And Coinbase Merge For Institutional Deposit Token Launch | Bitcoinist.com

Related Posts

Mento Selects Wormhole as its Official Interoperability Provider to Power Multichain FX – Press release Bitcoin News
Crypto Updates

Mento Selects Wormhole as its Official Interoperability Provider to Power Multichain FX – Press release Bitcoin News

29 July 2025
Binance Launchpad Review: How to Buy It in 2025
Crypto Updates

Binance Launchpad Review: How to Buy It in 2025

29 July 2025
MARA Holdings Concludes $950 Million Raise To Increase Bitcoin Exposure – Details | Bitcoinist.com
Crypto Updates

MARA Holdings Concludes $950 Million Raise To Increase Bitcoin Exposure – Details | Bitcoinist.com

29 July 2025
PayPal Unlocks Crypto Payments for US Small Businesses
Crypto Updates

PayPal Unlocks Crypto Payments for US Small Businesses

29 July 2025
Peterffy: Interactive Brokers Working on Potential Stablecoin – Crypto News Bitcoin News
Crypto Updates

Peterffy: Interactive Brokers Working on Potential Stablecoin – Crypto News Bitcoin News

28 July 2025
Snorter Bot Token Is Gaining Attention — A Meme Coin Project with Potential Growth
Crypto Updates

Snorter Bot Token Is Gaining Attention — A Meme Coin Project with Potential Growth

28 July 2025
Next Post
JPMorgan Chase And Coinbase Merge For Institutional Deposit Token Launch | Bitcoinist.com

JPMorgan Chase And Coinbase Merge For Institutional Deposit Token Launch | Bitcoinist.com

Trader Says Dogecoin Competitor Headed to the ‘Gulag’ if Support Level Crumbles, Updates Outlook on Bitcoin and Hyperliquid – The Daily Hodl

Trader Says Dogecoin Competitor Headed to the ‘Gulag’ if Support Level Crumbles, Updates Outlook on Bitcoin and Hyperliquid - The Daily Hodl

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
BNB Price Gears Up for Upside Break — Will Bulls Deliver?

BNB Price Gears Up for Upside Break — Will Bulls Deliver?

8 July 2025
Something Big Is Coming For XRP On July 9—Why It Matters

Something Big Is Coming For XRP On July 9—Why It Matters

8 July 2025
XRP could rally higher on steady capital inflow; check forecast

XRP could rally higher on steady capital inflow; check forecast

8 July 2025
10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

24 May 2025
Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

2 July 2025
Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

2 July 2025
Ethereum Treasury Companies Could Buy 10% of All ETH: Standard Chartered – Decrypt

Ethereum Treasury Companies Could Buy 10% of All ETH: Standard Chartered – Decrypt

29 July 2025
Mento Selects Wormhole as its Official Interoperability Provider to Power Multichain FX – Press release Bitcoin News

Mento Selects Wormhole as its Official Interoperability Provider to Power Multichain FX – Press release Bitcoin News

29 July 2025
Analyst Forecasts Major Surge For Ethereum Price, Eyeing $4,000 In Its Best July Yet

Analyst Forecasts Major Surge For Ethereum Price, Eyeing $4,000 In Its Best July Yet

29 July 2025
Tate reveals the main reason for its lower attendance figures

Tate reveals the main reason for its lower attendance figures

29 July 2025
Microsoft Ede now features an AI Copilot Mode

Microsoft Ede now features an AI Copilot Mode

29 July 2025
Grove Finance Launches on Avalanche With $250 Million Target Investment – News Bytes Bitcoin News

Grove Finance Launches on Avalanche With $250 Million Target Investment – News Bytes Bitcoin News

29 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$117,747.00-0.34%
  • ethereumEthereum(ETH)$3,772.69-0.86%
  • rippleXRP(XRP)$3.10-1.91%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$809.32-3.24%
  • solanaSolana(SOL)$180.44-4.00%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,770.12-1.03%
  • dogecoinDogecoin(DOGE)$0.222919-4.31%
  • tronTRON(TRX)$0.3381664.49%