Institutional investors and high-net-worth clients are increasingly looking for ways to generate returns on digital assets held in secure, regulated environments. Through the launch of the USDG Rewards Program, Kraken Custody now offers rewards on USDG, a stablecoin built on the Ethereum platform.
Enrollment is seamless; clients who hold or pledge USDG within custody are automatically included in the program once their address is registered. Rewards are distributed monthly and deposited directly into custody vaults, helping clients capture returns without disrupting existing workflows. Every payout undergoes compliance and fraud screening, maintaining the regulatory standards required by institutions.
Protected under Kraken Financial’s SPDI framework
The USDG Rewards Program operates within Kraken Custody’s qualified custody model, backed by Kraken Financial’s Wyoming Special Purpose Depository Institution (SPDI) charter. This structure provides full asset segregation, operational transparency and regulatory oversight — offering institutional clients a custody solution that meets the highest compliance standards.
Now supporting custody for SOL and XRP
In addition to launching rewards on USDG, Kraken Custody now supports SOL and XRP for custody. These assets are not part of the Rewards Program but are fully supported for secure, segregated storage within our qualified custody platform.
This expansion gives institutions and HNWIs broader access to high-demand assets, with the same custody protections they expect across their portfolios.
Recent enhancements that strengthen custody outcomes
Kraken Custody continues to evolve to meet the complex needs of institutional and private clients. Recent enhancements are designed to unlock new yield opportunities, simplify operations, and deliver personalized support for strategic digital asset management.
Expanded HNWI support
- Secure custody infrastructure tailored to private clients
- VIP servicing model to simplify onboarding and ongoing management
- Integrated support for wealth teams and multi-entity structures
TAO staking through qualified custody
- Access on-chain staking rewards without compromising regulatory alignment
- Secure participation in the Root Network via custody-native staking
- Minimize operational overhead with managed workflows
- Scalable and compliant solution for institutions seeking yield on tokenized infrastructure assets
Institutional custody with a built-in reward opportunity
Kraken Custody combines secure infrastructure, regulatory clarity and integrated reward opportunities to help clients capture more value from their digital asset strategies without compromising on compliance or control.
Although the term “stablecoin” is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
Geographic restrictions apply. Rewards rates are determined and paid out by Kraken in its sole discretion and are subject to change. See our Terms of Service for more info. Due to its partnership with Global Dollar Network, Kraken receives an economic benefit with respect to amounts of USDG minted, held on platform, and received in on-chain transfers.
Custody services provided by Kraken Financial, a Wyoming-chartered Special Purpose Depository Institution. Kraken Financial is not an FDIC-insured bank and deposits are neither insured by nor subject to the protections of the FDIC.
