Payward, the company behind Kraken, and its asset management clients have purchased an undisclosed amount of AAVE tokens through an affiliated investment fund, signaling a strategic move into decentralized finance (DeFi). Unlike a previous proposal involving equity in Aave, this purchase involves only tokens, reflecting confidence in Aave's role in DeFi without acquiring company ownership. The companies continue to collaborate operationally, with Kraken running a branded version of Aave's protocol and offering DeFi products. This move aligns with Payward's goal to expand beyond crypto exchange services into asset management and DeFi integration.
Kraken parent Payward's move into DeFi comes as 35 of 50 major cryptocurrencies on Pluang rose today. For readers following the broader crypto market, here is Pluang's snapshot as of Nov 05, 2026 20:44 WIB: ATOM gained 7.57% to Rp27.716 with a typical hold time of 61 days and 98% buy orders; BCH rose 4.89% to Rp5.215.552 but saw 96% sell orders; ZIL fell 4.80% to Rp31 despite 99% buy orders.
Firmly secured $15 million in a Series A funding round led by Squarepoint Capital, with participation from J.P. Morgan Payments, Mastercard, and Samsung NEXT. The company provides a no-code platform that connects merchants to AI-driven shopping chann...
C3is Inc. will implement a one-for-five reverse stock split effective November 9, 2026, reducing its outstanding shares from about 4.2 million to 0.84 million. This move aims to increase the stock price to meet Nasdaq's minimum bid price requirement ...
On November 4, 2026, Shell plc repurchased a total of 1,876,276 shares across multiple trading venues including LSE, Chi-X, BATS, XAMS, CBOE, and TQEX. The shares were bought at prices ranging from £37.98 to £38.82 and €45.70 to €46.72, with an avera...
Dune has completed a SOC 2 Type II examination with no exceptions, providing institutional clients with verified assurance of its data security standards. This milestone comes as tokenized real-world assets doubled to $32.6 billion and stablecoin mar...
Northern Discovery Metals has finalized the acquisition of a 100% interest in the Cibola copper-gold project in British Columbia from Orogen Royalties. The project covers about 3,567 hectares near Houston, BC, in a region known for porphyry copper de...
