You Can Now Earn Yield on Tokenized Nvidia Stocks Through Kraken

TLDR

• Kraken launched xStocks vaults letting users earn yield on tokenized versions of Nvidia and two major US ETFs
• Estimated net APYs are 2% for SPYx and QQQx, and 1.8% for NVDAx during the initial launch period
• Yield is generated by lending assets through DeFi protocols, including Kamino on Solana
• The vaults carry multiple risks including liquidation, smart contract bugs, and cross-chain transfer issues
• US, UK, Canada, Australia, and UAE customers are excluded from the product

Kraken has launched a new product that lets eligible users earn yield on tokenized stocks and ETFs through decentralized finance protocols.

LATEST: ⚡ Kraken has launched xStocks Vaults, allowing eligible users to earn variable yield on SPYx, QQQx and NVDAx, with estimated net APYs of 1.8% to 2%. pic.twitter.com/fmjmfJuR3z

- CoinMarketCap (@CoinMarketCap) September 14, 2026

The crypto exchange introduced three xStocks vaults on September 14, 2026. Users can deposit tokenized versions of the SPDR S&P 500 ETF, the Invesco QQQ ETF, and Nvidia shares to earn returns.

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