Kraken parent Payward and clients buy AAVE tokens
In short
Payward, Kraken’s parent company, and its clients bought AAVE tokens.
The move follows earlier talks that included a possible equity stake in Aave Group, showing growing interest in DeFi investing.
What the reporting says
Payward, the parent of Kraken, and its clients bought AAVE tokens in a DeFi investment push. The CoinDesk summary says the move follows talks first reported in June that included a proposed equity stake in Aave Group.
Why it matters
Payward and its clients bought AAVE tokens as part of a DeFi investment push. The earlier talks mentioned a possible equity stake in Aave Group, suggesting the relationship between the firms has been under discussion for some time.