Aave

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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/grayscale-launches-trust-for-aave-coin-to-attract-accredited-investors/" data-wpel-link="internal">Grayscale Launches Trust for AAVE Coin to Attract Accredited Investors</a> 
Grayscale is launching trusts for cryptocurrencies aimed at accredited investors who wish to invest in digital assets. After experiencing massive growth with GBTC over the years, Grayscale transitioned to an ETF, making it the largest BTC ETF holder. Now, the company is increasing the number of alternatives in <a href="https://en.coin-turk.com/decentraland-mana-investors-anticipate-potential-breakout/" data-wpel-link="internal">altcoins</a>, with AAVE being the latest addition following <a href="https://en.coin-turk.com/avax-price-analysis-99-5-of-investors-are-in-loss-whats-the-current-situation-for-solana-and-ethereums-rival/" data-wpel-link="internal">AVAX</a> and some artificial intelligence altcoins. 
<h2 style="text-align: justify" id="aave-coin-news">AAVE Coin News</h2> 
Recently, Grayscale announced the launch of a trust for the popular DeFi <a href="https://en.coin-turk.com/will-bch-price-rise/" data-wpel-link="internal">altcoin</a> AAVE. This Ethereum -based lending protocol is widely used, allowing users to borrow by using cryptocurrencies as collateral. 
Although AAVE Coin has a market capitalization of $2.3 billion, its total locked value makes it the largest lending platform. Rayhaneh Sharif-Askary, Grayscale’s head of products and research, stated, 
<blockquote> 
 “Grayscale Aave Trust provides investors with the opportunity to invest in a protocol that has the potential to reshape traditional finance. Aave’s decentralized platform leverages blockchain technology and smart contracts to optimize borrowing while eliminating intermediaries.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-394041 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/AAVEUSDT_2024-10-03_15-45-14.png" alt="" width="1814" height="836"> 
The post <a href="https://en.coin-turk.com/grayscale-launches-trust-for-aave-coin-to-attract-accredited-investors/" data-wpel-link="internal">Grayscale Launches Trust for AAVE Coin to Attract Accredited Investors</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Grayscale Launches Trust for AAVE Coin to Attract Accredited Investors

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