Aave

Aave Labs has acquired the team and technology behind @avon_xyz, one of the leading companies working on fixed-rate lending onchain.

The Avon team brings deep protocol engineering and market-structure expertise to Aave Labs as it expands onchain lending for a mainstream audience.

Aave App helps your money grow every second, with up to 7.25% APY.

Deposit from your bank or with stablecoins, and enjoy your new favorite way to save.

T&Cs apply.

Today @Payward, the unified financial infrastructure platform that powers @krakenfx, announced that Digital Asset Special Investments I, LP, a Payward-affiliated investment fund, and its clients acquired AAVE tokens.

The AAVE tokens were acquired through secondary market purchases, and Payward may make additional acquisitions in the future. Payward and Aave are also exploring opportunities to collaborate on future initiatives.

As traditional and onchain markets converge, Payward believes DeFi is an integral part of the global financial system, with Aave playing a leading role in this evolution.

SPCXc is now live on the Aave V4 market for Coinbase Tokenized Stocks on @base.

Users can borrow USDC against it.

Tokenized stocks are only available in eligible jurisdictions outside of the U.S.

It's never been easier to reach your savings goals.

Earn up to 7.25% APY, paid every second, with Aave App.

T&Cs apply.