Kraken Eyes Aave Stake in $71M DeFi Investment Deal

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Crypto exchange Kraken, operated by parent company Payward Inc., is reportedly in discussions to acquire a 15% stake in decentralized finance (DeFi) protocol Aave through a deal valued at approximately $71 million. According to sources familiar with the negotiations, the proposed transaction values Aave at around $385 million and would strengthen Krakens presence in the rapidly evolving DeFi sector.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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