We’re excited to announce the launch of Bitcoin (BTC) staking through a new integration with Babylon, a Bitcoin-native staking protocol. This integration enables clients to earn passive rewards on their BTC without bridging, wrapping or lending it out

Beginning today, clients can choose to stake their BTC directly from Kraken. Their BTC is delegated, via Babylon, to secure Proof-of-Stake (PoS) networks. Staked Bitcoin rewards are paid in $BABY, Babylon’s native token.

Clients retain full ownership of their BTC, which never leaves the Bitcoin blockchain. The staking mechanism is governed by a smart contract, so users and third parties can verify how rewards are handled. The BTC staking protocol also includes cryptographic safeguards to deter and penalize malicious behaviors. Clients can unstake at any time, with a 7-day unbonding period before funds are returned.

This launch marks a significant expansion of our growing staking suite and further reinforces our leadership in

Keep reading this article on Kraken.com.

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