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Kraken Launches "Flexline," a Crypto Staking Loan Service
Svmuu News: Cryptocurrency exchange Kraken has announced the launch of "Flexline," a crypto asset staking loan service that allows Kraken Pro traders to access liquidity by using their existing digital assets as collateral without selling their holdings. According to reports, Flexline features fixed borrowing costs and clear terms. Borrowed funds can be used within Kraken or withdrawn to other trading platforms, protocols, or service providers. Collateralized assets will be stored in a separate, secure wallet and incorporated into Kraken’s long-standing Proof of Reserves system.
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