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DeFiTechFlowChinese, translatedFiled 2 days ago

Kraken parent company Payward and its clients buy AAVE, explore DeFi and asset management business collaboration

Original headlineKraken 母公司 Payward 及其客户买入 AAVE,探索 DeFi 及资产管理业务合作

Open the sourceReported by TechFlow, techflowpost.com, 5 November 2026
Impact 45 of 100, routine

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Kraken parent Payward and its asset-management clients bought an undisclosed amount of AAVE tokens on the secondary market through affiliated fund Digital Asset Special Investments I, LP, with Payward signaling it may add to the position and is exploring further collaboration with Aave. The purchase is part of Payward's push into asset management spanning digital assets, structured yield and tokenized investments, while Aave Labs CEO Stani Kulechov said the tie-up could widen Aave's reach among retail and institutional users. Aave currently reports roughly $33 billion in net deposits and about $11 billion in active loans. The deal marks another step by a major centralized exchange operator into DeFi governance exposure and token ownership rather than mere listing. What to watch next is whether Payward discloses the size of its AAVE stake, continues accumulating, and converts the exploratory talks into a formal product or distribution partnership with Aave.

Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.

Named in this story

AAVE (AAVE), Aave (AAVE), Payward, Kraken, Stani Kulechov

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