Kraken Aave Stake Report Highlights 15% Aave Group Investment Deal
Kraken Aave stake talks have placed the crypto exchange at the center of a fresh DeFi expansion story. The reported plan could give Kraken a larger role in decentralized lending. It would also show how major exchanges are moving beyond basic trading services. According to a CoinDesk report, Kraken has discussed buying a 15% position in Aave Group. The talks reportedly value the company behind the Aave protocol at about $385 million. The proposed deal has not been confirmed by either company.