Aave founder Stani Kulechov denied reports that the company would sell AAVE tokens at a 70% discount in talks with Kraken. While strategic discussions are ongoing, Kulechov clarified that the talks involve Aave Labs' own token allocation and long-term partnerships, not a discounted sale. He emphasized that all revenue from Aave Protocol and related products flows to the AAVE token via the DAO, and revealed plans for Aavenomics 3.0, which includes an automated token buyback system to strengthen the link between protocol revenue and token purchases. Aave is also expanding beyond crypto lending into tokenized real-world assets.
Aave founder Stani Kulechov denied reports that Aave would sell AAVE tokens to Kraken at a 70% discount, clarifying that such a sale would not happen. He confirmed ongoing discussions about long-term strategic partnerships involving Aave Labs' token ...
Aave founder Stani Kulechov denied reports that the protocol would sell AAVE tokens at a 70% discount, clarifying that any talks with Kraken about buying a stake involve existing allocations held by Aave Labs. He emphasized that all revenue from the ...
Aave founder Stani Kulechov denied reports that Kraken was buying a 15% stake in Aave Group for $71 million at a 70% discount. He clarified that no AAVE tokens are being sold at such a steep discount and that revenues from the protocol go to the Aave...
Kraken, through its parent company Payward Inc., is negotiating to buy a 15% stake in decentralized finance protocol Aave for about $71 million, valuing Aave at $385 million. The deal involves Kraken investing 35,000 Ether for 250,000 AAVE tokens and...
Kraken is negotiating to acquire a 15% stake in Aave Group, valuing the DeFi protocol at $385 million. The deal involves Kraken investing 35,000 ETH (about $31 million) for AAVE tokens and equity, marking a strategic move to expand beyond its core ex...
