Kraken Custody launches USDG reward program for institutions and high net worth clients

According to the official blog, Kraken Custody has launched a USDG reward program for institutions and high net worth clients. This plan allows holders of USDG (US dollar anchored tokens) in qualified custodial accounts to automatically receive monthly rewards, with funds deposited directly into the custodial vault and subject to compliance review. The announcement shows that the plan operates based on Kraken Financial's Wyoming Special Purpose Deposit Institution (SPDI) license, providing asset segregation and regulatory transparency. At the same time, Kraken Custody has added institutional level custody services that support SOL and XRP, but they are not currently included in the revenue plan. Recent upgrades also include a VIP service model for high net worth clients, as well as innovative features such as participating in TAO staking through compliant custody.