Defi lending protocol Aave (LEND) is looking to tokenize mortgages as a part of its v2 upgrade, according to an announcement made on August 14.
- Aave has partnered with real estate tokenization firm RealT to make mortgages accessible via the DeFi space
- Other improvements as a part of the v2 upgrade include debt tokenization, native credit delegation, security optimizations and vote delegation
- No further details have been offered, though more information will be available in the coming weeks
- Aave has over $1.1 billion locked in value, second only to Maker (MKR)
Related Reading:
- Aave launches credit delegation
- Aave introduces Aavenomics upgrade