Aave Labs founder and CEO Stani Kulechov called the Payward partnership a strategic step to bring Aave to more retail and institutional users. Payward said its affiliated fund and asset management clients bought an undisclosed amount of AAVE and may buy more; Aave reports about $33bn in net deposits and $11bn in active loans.
Stani Kulechov says Payward tie-up brings Aave to more retail and institutional users
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The story so far: Payward and Aave partnership
Payward, Kraken's parent, and its asset management clients bought an undisclosed amount of AAVE via Digital Asset Special Investments I, LP. Aave Labs CEO Stani Kulechov called the Payward tie-up a strategic step to reach more retail and institutional users. Payward said it may keep adding to its holdings…
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Stani Kulechov says Payward tie-up brings Aave to more retail and institutional users
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