Kraken parent Payward just bought AAVE tokens.
• Payward and its clients bought an undisclosed amount of AAVE tokens on the secondary market
• Further purchases are possible, and Payward says it is exploring collaboration with Aave
• Aave is cited with about $33B in net deposits and $11B in active loans
Why it matters: A major exchange parent is putting asset-management capital into DeFi governance tokens, signaling deeper institutional interest in onchain lending.
Source: Payward
Not financial advice.
💬 Does exchange-parent DeFi buying change how you view governance tokens?
$AAVE #Aave #DeFi
• Payward and its clients bought an undisclosed amount of AAVE tokens on the secondary market
• Further purchases are possible, and Payward says it is exploring collaboration with Aave
• Aave is cited with about $33B in net deposits and $11B in active loans
Why it matters: A major exchange parent is putting asset-management capital into DeFi governance tokens, signaling deeper institutional interest in onchain lending.
Source: Payward
Not financial advice.
💬 Does exchange-parent DeFi buying change how you view governance tokens?
$AAVE #Aave #DeFi