Kraken Eyes 15% Aave Stake at $385M Valuation

Crypto exchange Kraken, part of Payward Inc., is in talks to acquire a 15% stake in decentralized lending protocol Aave at a $385 million valuation, according to three people familiar with the matter. A potential deal would see Kraken invest 35,000 ETH for 250,000 AAVE tokens and a 15% common…