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Kraken Reportedly Eyes 15% Stake in Aave in $385M Deal
NEWSJUN 26, 2026
Kraken Reportedly Eyes 15% Stake in Aave in $385M Deal
Kraken is evaluating a deal to acquire a 15% stake in DeFi lending protocol Aave at a valuation of $385 million, according to sources. The move comes as Payward seeks to diversify ahead of a possible IPO and as Aave rebuilds after the KelpDAO fallout.