DeFiKraken Eyes 15% Stake in Aave DeFi Protocol at $385M Valuation
Kraken is reportedly in talks to acquire a 15% stake in DeFi lending protocol Aave at a $385 million valuation, with the deal structured as 35,000 ETH in exchange for AAVE tokens and equity. The move comes as parent company Payward accelerates its expansion strategy ahead of a potential IPO.
June 27, 2026
