Demand for Aave has boomed dramatically in the previous days as traders assessed its involvement in Bitwise Investment’s upcoming institutionally focused investment vehicle.
The San Francisco-based asset management firm announced Wednesday that it would invest directly in Aave to back its “Bitwise Aave Fund,” a fund created to build a bridge between accredited investors and the emerging decentralized finance (DeFi) sector.
The latest bout of uptrend pushed Aave’s year-to-date gains a little over 320%, asserting its growth in the emerging DeFi sector. In detail, Aave enables users to earn interest rates on deposits and borrow assets with a stable or variable interest rate option.
Also, Bitwise Launches Crypto Funds for Aave and Uniswap. The $1 billion digital assets manager said Wall Street-type clients are demanding more exposure to DeFi's biggest names.
For us here at FXPROFESSOR, AAVE 🇬🇧 is DEFInitely a BUY
One Love,
the FXPROFESSOR
The San Francisco-based asset management firm announced Wednesday that it would invest directly in Aave to back its “Bitwise Aave Fund,” a fund created to build a bridge between accredited investors and the emerging decentralized finance (DeFi) sector.
The latest bout of uptrend pushed Aave’s year-to-date gains a little over 320%, asserting its growth in the emerging DeFi sector. In detail, Aave enables users to earn interest rates on deposits and borrow assets with a stable or variable interest rate option.
Also, Bitwise Launches Crypto Funds for Aave and Uniswap. The $1 billion digital assets manager said Wall Street-type clients are demanding more exposure to DeFi's biggest names.
For us here at FXPROFESSOR, AAVE 🇬🇧 is DEFInitely a BUY
One Love,
the FXPROFESSOR
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