Aave V4 targets Wall Street’s $12 trillion repo market

Stani Kulechov, on June 19 pitched Aave V4 as a bridge between Wall Street and DeFi, arguing that bringing securities financing on-chain could unlock a multi-trillion-dollar market and accelerate institutional adoption of crypto-native infrastructure. Specifically, this initiative would be directed towards three parts of Wall Street’s securities financing industry: collateralized loans backed by securities, repurchase...