Tokenized stock trading fueled fresh momentum across the Solana ecosystem, while Aave founder hinted at token buybacks coming under new framework.
Stani Kulechov, founder of Aave, denied that the protocol would sell tokens at a 70% discount. Reports indicated that Kraken was seeking a 15% stake in the protocol at a valuation close to $385 million. There is no official confirmation. Kulechov announced that the team is working on Aavenomics 3.
Solana (SOL) gained 4.5%, joining Aave (AAVE) as a top performer.
Aave founder Stani Kulechov pushed back on reports that Payward was negotiating a discounted stake purchase in Aave Group.
Aave founder Stani Kulechov has challenged reports that Kraken parent company Payward is negotiating to acquire a 15% stake in the decentralized lending protocol at a $385 million valuation, arguing that the reported terms misrepresent the situation.
Major cryptocurrency exchange Kraken is pursuing an investment opportunity to acquire a 15% ownership stake in Aave, Ethereum's leading decentralized lending platform. According to reports, the transaction would place Aave's valuation at $385 million.
Leading cryptocurrency exchange Kraken is pursuing negotiations to secure a 15% ownership stake in Aave, Ethereum's dominant decentralized lending platform. The transaction assigns a total valuation of $385 million to the DeFi protocol.
The lending platform's token accumulated a 14.2% gain during the last 24 hours of trading. The overall market capitalization experienced a reduction in exposure to risk assets during the same operating cycle. The estimated total volume for the tokenized real-world assets sector stands around $30 billion as of June 2026.
Kulechov confirms all Aave Protocol and GHO revenue flows to AAVE token under the Aave Will Win framework.
Aave founder Stani Kulechov has rejected reports suggesting Aave would sell AAVE tokens to Kraken at a roughly 70% discount, while confirming that discussions around long-term strategic partnerships have taken place.
Aave founder Stani Kulechov rejected claims of a discounted AAVE sale following reports of Kraken talks and previewed an automated token buyback mechanism. Aave founder rejects 70% discount sale claim amid Kraken stake talks.
Kulechov's denial highlights the tension between DeFi protocols and commercial entities, emphasizing the need for transparency in valuation. Aave's Kulechov disputes Kraken stake report, denies 70% discount.