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Aave Labs Acquires Avon Tech to Take On-Chain Lending Mainstream

PYMNTS
Image: PYMNTS

Aave Labs has acquired the team and technology behind Avon to further its efforts to bring on-chain lending to a mainstream audience, Aave Labs said in a Friday (Nov. 6) press release emailed to PYMNTS. Aave Labs is a core contributor in the Aave on-chain lending network, while Avon has built fixed-rate and floating-rate lending […]

The post Aave Labs Acquires Avon Tech to Take On-Chain Lending Mainstream appeared first on PYMNTS.com .

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