Aave Wants to Tokenize Mortgages

Aave Wants to Tokenize Mortgages

By Abhimanyu Krishnan | News | 17 Aug 2020


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)

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Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


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