Kraken Parent Payward Buys AAVE Tokens to Expand DeFi Push

Payward, parent of crypto exchange Kraken, has acquired an undisclosed amount of AAVE tokens alongside its asset management clients, expanding its DeFi exposure. The purchases were made through Digital Asset Special Investments I, LP, a Payward-affiliated fund. This move signals Kraken's push into digital asset management and decentralized finance.