✔ VERIFIED First reported by The Block · Nov 6, 15:00 UTC · updated Nov 6, 15:05 UTC

Aave Labs acquires Avon team to build out fixed-rate lending

Aave's acquisition of Avon could enhance DeFi's appeal to institutions by offering predictable lending rates, potentially reshaping the market.

Common to all reports: Aave Labs · Avon

Confirmed by 2 sources

• The Block (crypto newsroom · US) · Nov 6, 15:00 UTC · read at the source
• Crypto Briefing (crypto newsroom · US) · Nov 6, 15:05 UTC · read at the source

Tags: ETF/Institutional, DeFi, Markets

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