Kraken eyes 15% stake in DeFi lender Aave in deal valuing protocol at $385 million

Kraken eyes 15% stake in DeFi lender Aave in deal valuing protocol at $385 million

The DeFi lender is rebuilding after the fallout from April's KelpDAO exploit sparked a multibillion-dollar exodus of deposits despite Aave itself not being hacked.

Morning Minute: Kraken Eyes 15% Stake in Aave at $385M Valuation

Bitcoin sinks to a fresh 2026 low as the selloff drags on. Kraken makes a major move into DeFi. And BlackBerry is staging a comeback.

Aave Founder Slams 70% Discount Amid Drastic $134M Revenue

Aave founder Stani Kulechov rejected claims that Kraken explored buying a discounted stake in the protocol, calling the reported valuation inaccurate. He also highlighted Aave’s strong annualized revenue and reaffirmed the team's commitment to long-term ecosystem growth through the upcoming Aavenomics 3.0 upgrade.

AAVE price jumps as founder rejects 70% discount token-sale claim

AAVE extended its weekly gains after Aave founder Stani Kulechov dismissed claims that the decentralized finance protocol planned to sell tokens at a steep discount while also confirming that a new automated buyback mechanism is under development.The token traded at $83.88 at the time of writing, up nearly 16% over the past seven days.The latest comments from Kulechov came after reports suggested that cryptocurrency exchange Kraken was in talks …

Kraken-Aave Talks: Why Exchanges May Buy DeFi

Kraken’s 15% Aave stake talks at a $385M valuation hint at a new playbook: exchanges may buy lending engines instead of building. Risks, costs, fit.