Crypto
Payward, Kraken's Parent Company, Acquires AAVE Tokens
Payward, Kraken's parent company, has acquired AAVE tokens through an investment fund, with further acquisitions possible.
Mercation Admin
November 5, 2026 1 min read
Payward, the parent company of cryptocurrency exchange Kraken, has purchased AAVE tokens on the secondary market through an associated investment fund. The details regarding the transaction volume remain undisclosed, and there are possibilities for additional acquisitions. Both parties are also exploring potential collaboration opportunities. In June, reports indicated that Payward was in discussions to acquire a 15% stake in Aave Group, valuing the company at $385 million, but this stake acquisition was not mentioned in the recent announcement.



