CryptoTechmemeabout 2 hours ago
Kraken in talks to buy 15% stake in Aave at $385M valuation
1 min read
Kraken is in talks to acquire a 15% stake in DeFi lending protocol Aave at a $385 million valuation. The deal would involve Kraken investing 35,000 ether for 250,000 AAVE tokens and a 15% common equity stake in Aave Group. The investment is part of Payward's push to diversify ahead of a potential IPO.
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