Kraken Parent Payward Builds AAVE Position, Eyes Closer Ties with Lender

Kraken parent Payward builds AAVE position, eyes closer ties with lender

The investment follows talks first reported by CoinDesk in June that included a proposed equity stake in Aave Group.

Payward Acquires AAVE Tokens, Signals Growing DeFi Interest

Payward's acquisition of AAVE tokens signals increasing institutional interest in DeFi. Here's why it matters for the market.

Payward, clients acquire AAVE token stake

Payward today announced that Digital Asset Special Investments I, LP, a Payward-affiliated investment fund, and its clients acquired an undisclosed amount of AAVE.

Payward and Its Clients Acquire AAVE Token Stake

CHEYENNE, Wyo.--(BUSINESS WIRE)--Payward, the unified financial infrastructure platform that powers Kraken, today announced that Digital Asset Special Investments I, LP, a Payward-affiliated investment fund, and its clients acquired an undisclosed amount of AAVE, the native token of the Aave network. The AAVE tokens were acquired through secondary market purchases, and Payward may make additional acquisitions in the future. This investment marks…

Kraken parent Payward buys AAVE tokens as its DeFi push deepens

Kraken parent Payward and its clients bought an undisclosed amount of AAVE via an affiliated fund, months after a $385 million deal fell through.