New Aave Venture Crypto Investment Firm To Invest In Delta Exchange
Aave, a blockchain based firm recently announced it will be scaling its operations to an investment wing ‘Aave Venture’. This technology company mainly develops hybrid & decentralized blockchain networks at the moment. Its newly formed investment wing will focus on funding blockchain-oriented projects & accelerate the implementation of Fin Tech ideas.
The pioneer investment for this new venture will be on a crypto exchange known as Delta. This platform is quite advanced in comparison to peer crypto exchanges; users can access crypto derivatives & forward contacts for Digital assets like BTC. Therefore, Delta coin exchange users can leverage up to 20x & capitalize on hedging to make more gains.
Aave Venture will also be involved in the filling the knowledge gap in crypto as of press date. The firm will act as an advisor to upcoming blockchain & cryptocurrency projects besides funding some of their activities. Furthermore, Aave is looking to pool more human resource with potential to solve the existing challenges in blockchain tech.
The Aave initiative was pioneered at the beginning of September when its developers launched the project. They happen to be the same team behind the creation of ETHLend network.
Delta Exchange CEO, Pankaj Balani, is bullish on this collaboration,
“Delta and Aave are both contributing to two important building blocks of the cryptocurrency ecosystem, derivatives and lending. I believe that this natural synergy will enhance our partnership with Aave, as well as with the wider crypto ecosystem. We are delighted to have a partner like Aave join us on our journey.”
Aave will extend its services to link prospective projects with executives that are well vast in a given area. This will include team members whom can enhance the corporate structures to ensure maximum utility is derived from cryptocurrency projects.
Small businesses can now leverage the Aave platform by integrating their systems with the token economy. This blockchain ecosystem will be powered by the LEND native token with an aim of helping start-ups acquire & maintain more prospective clients.
Basically, Aave venture is the vehicle for its parent company to explore new opportunities in the cryptocurrency arena. Its approach is to support innovations within blockchain while the parent company specializes in building products.
Aave CEO, Stani Kulechov, expounded on their new venture,
“Beyond funding, we support entrepreneurs with resources and strategic counsel. Our aim is to foster products that our early adopters can benefit from by expanding the ecosystem for the LEND token economy. We look for creative thinkers, hard workers, and visionaries. Delta Exchange’s team is skilled and ambitious, and we believe they have potential to become the next biggest crypto trading platform.”