Aave Receives $ 25 Million and New Institutional Funding.

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Decentralized Lending and Borrowing Protocol Aave announced a $ 25 million investment from companies such as Blockchain Capital, Standard Crypto and Blockchain.com, among others.

“Aave has attracted investment from strategic investors to bring DeFi closer to institutional use and expand the team to support the growth of Asian markets,” said CEO Stani Kulechev, adding that new stakeholders will be involved in protocol governance and betting.

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