Kraken Breaks New Ground: Bitcoin Staking Launches via Babylon as BTC DeFi Surges
Kraken just flipped the script—Bitcoin holders can now earn yield through Babylon's staking protocol. No more 'HODL and pray'—the exchange is bridging BTC into DeFi's yield-generating machinery.
Why it matters: Bitcoin's $1.3T market cap has been sidelined from DeFi's 18% average APY party. Until now.
The mechanics: Babylon's trust-minimized staking lets users secure PoS chains without wrapping or synthetic assets. Kraken's integration means one-click participation—Wall Street-grade simplicity meets crypto-native yields.
Context: BTC DeFi TVL just crossed $4B this month. TradFi banks are still charging 0.01% on savings accounts.
Bottom line: The 'digital gold' narrative gets a yield-bearing upgrade. Skeptics whisper about centralization risks—but when lambos are on the line, who's counting?
