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Topic: aave

A physical representation of a cryptocurrency coin
Crypto
Thursday, 6/25, 05:36 PM

Kraken in Talks to Buy a 15% Stake in DeFi Lender Aave

  • Crypto exchange Kraken is in early talks to buy a roughly 15% stake in Aave Group — the company behind one of the largest decentralized-lending protocols — at about a $385 million valuation, CoinDesk reported.
  • The talks are preliminary and unconfirmed, but they signal how fast the line between centralized exchanges and DeFi is blurring.

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