---
title: "Payward and Its Clients Acquire AAVE Token Stake via Secondary Market"
url: https://thecoingazette.com/payward-and-its-clients-acquire-aave-token-stake-via-secondary-market/
date: 2026-11-05
modified: 2026-11-05
lang: en
author: "Coin Gazette Editorial"
description: "Kraken's parent company Payward announced that its affiliated fund, Digital Asset Special Investment..."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 62
---

# Payward and Its Clients Acquire AAVE Token Stake via Secondary Market

Kraken's parent company Payward announced that its affiliated fund, Digital Asset Special Investments I, LP, alongside its clients, has acquired an undisclosed stake of AAVE—the native token of the Aave network—via secondary market purchases, with possibilities of further acquisitions going forward. Spearheaded by Payward Asset Management, the deal responds to escalating institutional demand for exposure to top-tier DeFi and onchain credit infrastructure.