Tokens were purchased by the investment fund Digital Asset Special Investments I, LP, which is affiliated with Payward, and its asset management clients. The company did not disclose the amount and said further purchases were possible.
"This investment reflects our long-term conviction in onchain credit markets and DeFi," said Payward Vice President of Asset Management Gurpreet Oberoi. Aave Labs founder Stani Kulechov called working with Payward "a strategic step toward the next wave of retail and institutional users."
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