Wu said that Aave founder Stani Kulechov stated that Aave is expanding its total addressable market (TAM) from crypto assets to all asset classes through securities-backed loans and securities lending business. Aave executive Luigi D’Onorio DeMeo said that the global securities lending market has about $4.6 trillion in securities out on loan, generating about $35 billion in revenue annually, with most of the gains captured by brokers. He said that Aave V4 will introduce tokenized stocks into the on-chain securities lending market, enabling users to directly obtain all securities lending proceeds by lending tokenized stocks, achieving real-time transparency and dynamic pricing without relying on intermediaries, and without rehypothecating users’ assets.

AAVE11.14%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned