Kraken’s Parent Company Payward Makes Strategic Investment in AAVE
Photo: Crypto Economy
TL;DR Payward-affiliated fund Digital Asset Special Investments I, LP acquired AAVE tokens through secondary market transactions. The strategic move reinforces institutional backing for decentralized lending protocols without triggering team token dilution. This acquisition follows earlier mid-year discussions regarding institutional exposure to Aave governance and treasury mechanics. Payward, the parent entity behind major cryptocurrency exchange Kraken, ... Read more
Source: Crypto Economy
