Why Citi Sees Aave as a Fix for Wall Street’s Collateral Problem

Citi Research has named Aave among the leading live applications of tokenized financial infrastructure. Citi sees collateral mobility as one of the first practical uses of asset tokenization. S&P Global data shows Aave controls the largest share of decentralized lending. None of the research amounts to a price call on the AAVE token. Citi Research has named Aave among the leading real-world applications of tokenized financial infrastructure, according to accounts of a research note that circulated on October 20, one week after the bank’s Citi Services unit published a broader paper on tokenized collateral arguing that the technology has left…

Source: Crypto News Flash