Aave Wants to Tokenize Mortgages

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)