Kraken parent Payward and clients buy AAVE tokens in DeFi investment push

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Payward, the parent company of crypto exchange Kraken, along with its clients, has purchased AAVE tokens as part of a push into decentralized finance. The move follows earlier discussions that CoinDesk first reported in June. Those talks reportedly included a proposed equity stake in Aave Group, the company behind the Aave lending protocol. The article provides limited detail beyond the token purchases and the prior negotiations.

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