Standard Chartered Backs Aave on Growing Tokenization Trend

TLDR Standard Chartered identified Aave as a potential beneficiary of growing tokenized asset activity in DeFi. The bank said tokenized assets could drive higher deposits and lending activity on Aave. Geoff Kendrick stated that recent pressures from lower crypto prices and the KelpDAO incident are fading. Aave’s deposit base reached about $75 billion in October [...]

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