Morning Minute: Kraken Eyes 15% Stake in Aave at $385M Valuation

Decrypt·

Morning Minute: Kraken Eyes 15% Stake in Aave at $385M Valuation

60-second summary

Kraken is eyeing a 15% stake in Aave at a $385 million valuation, signaling its major move into DeFi. This strategic investment comes as Bitcoin sinks to a fresh 2026 low, dragging the market down further. The selloff continues, with Bitcoin's price plummeting to new lows, and the overall market sentiment remains bearish.

Bitcoin sinks to a fresh 2026 low as the selloff drags on. Kraken makes a major move into DeFi. And BlackBerry is staging a comeback.