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Altcoins & DeFi

Can AAVE Price Rally to $140 Amid Latest Bets from Kraken Parent Payward

Image: The Coin Republic

Key Insights: The Payward-affiliated fund and its clients acquire AAVE tokens through secondary-market purchases. Payward may buy more AAVE as both companies explore future collaboration. Aave holders question delayed buybacks as October revenue falls to $5.2 million AAVE price is in focus after Payward, the parent company of Kraken, confirmed that an affiliated investment fund and its clients had bought AAVE tokens. The purchase comes as holders await news on the planned buyback, which has yet to receive a start date. Payward Fund Buys AAVE Tokens Payward, the company behind Kraken, has bought AAVE through an investment fund linked to its business. Aave shared the news on November 5, confirming that Digital Asset Special Investments I, LP, and its clients had acquired the tokens.

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