Kraken Custody has introduced the Janus Henderson Anemoy AAA CLO Fund (JAAA), the first tokenized AAA-rated collateralized loan obligation fund available through a qualified crypto custody solution. Managed off-chain with $21 billion in assets, the tokenized version offers about $686 million in assets and a 3.66% annualized yield, providing institutional investors with onchain exposure to investment-grade yield. This fund allows 24/7 onchain settlement and use as collateral in DeFi protocols, enhancing operational efficiency and flexibility. Kraken's partnership with Centrifuge signals a broader move to integrate real-world assets into regulated crypto custody, lowering barriers for institutions to access tokenized asset yields.
AAVE, a cryptocurrency, is currently holding its technical support level above $98. This suggests that the price may be stabilizing after recent fluctuations. Maintaining this support is important as it could indicate a potential rebound or less down...
Cryptocurrencies saw a rebound with Aave and Solana leading the gains while Bitcoin maintained its critical support level at $60,000. This stability in Bitcoin's price is significant as it suggests a potential foundation for further upward movement i...
SUI Group has expanded its Bluefin loan to 6 million SUI tokens to finance the acquisition of Suilend. This move indicates the company's commitment to growth through strategic acquisitions in the decentralized finance sector. The increased loan amoun...
AAVE surged over 13% with trading volume hitting $546.6 million and market cap reaching $1.44 billion after founder Stani Kulechov clarified no discounted token sales and highlighted $134 million annual revenue for Aave DAO. The protocol’s upcoming A...
Aave Labs CEO Stani Kulechov dismissed reports of Kraken acquiring a 15% stake in Aave Group, clarifying that Aave would never sell at a steep discount. Despite uncertainty over the deal, AAVE's price surged 12%, extending a 50% rally in June, driven...
