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Kraken Custody launches USDG Rewards Program for institutional and high-net-worth clients

  • Kraken Custody has launched the USDG Rewards Program for institutional and high-net-worth clients, offering rewards on USDG stablecoin held in custody.
  • Enrollment for the program is automatic for clients holding or pledging USDG within custody, with rewards distributed monthly into custody vaults.
  • The program operates within Kraken Custody's qualified custody model under Kraken Financial's SPDI framework, ensuring regulatory compliance and asset segregation.
  • Kraken Custody now also supports custody for SOL and XRP, providing broader asset access with high compliance standards for institutional clients.

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