Why Kraken Is Betting Big on Onchain Vaults | John Zettler & Sun Raghupathi

The discussion centers on the growth and future of onchain vaults, exploring their potential to revolutionize DeFi. Sun Raghupathi and John Zettler join the conversation to share their insights on the evolution of vaults, from early iterations like Yearn Finance to more sophisticated, multi-chain, multi-protocol platforms. Vaults are described as a layer atop DeFi, packaging its best aspects with compliance and risk controls for broader consumer access. The conversation highlights the roles of various parties involved, including administrators like VEDA, risk managers such as Chaos Labs and Centora, and distribution partners like Kraken. The potential for traditional asset managers to enter the vault space and the increasing hybridization of DeFi with traditional finance are also addressed.