Kraken Launches xStocks Vaults That Borrow Against Tokenized Equities

Crypto Insight Summary: The product targets up to 2% APY by moving xStock collateral from Ink to Solana, while a 25% performance fee and DeFi lending risks apply. Crypto Insight Analysis: Direction: Bullish SOL Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Increased demand for Solana from new collateral vaults