Grayscale launches Aave Trust to leverage DeFi lending boom

Oluwapelumi Adejumo

Grayscale has announced the launch of the Grayscale Aave Trust—a crypto investment fund focused on the DeFi lending protocol Aave, according to an Oct. 3 statement. Following the announcement, Aave’s token (AAVE) saw a 3% increase within the last hour, reaching $143, according to data from CryptoSlate. However, the token has declined by over 16% […]

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Grayscale launches Aave Trust to leverage DeFi lending boom