Aave, a Chiasso, Switzerland-based tech company which specializes in the development of decentralized and hybrid blockchain applications, has launched a new venture initiative.
Aave Venture backs teams in implementing innovative ideas in their respective industries. It provides funding and strategic counsel to assist with raising capital through ICOs in addition to multiple support services, including talent recruitment and mentorship.
Aave also provides startups with access to executive team members who have extensive knowledge in each of their respective industries, to enhance company strategy and ensure that they impact key markets and partners.
Startups can also connect to Aave’s LEND token economy to accelerate user acquisition within the company’s network of early adopters.
Aave Venture’s first investment was made in Delta Exchange, a cryptocurrency derivatives exchange that offers futures contracts on Bitcoin (BTC) and Ripple (XRP), which enable traders to speculate or hedge exposures in the two crypto assets using up to 20x leverage.
Founded in 2017 by Stani Kulechov, Aave is a technology company focused on empowering people through innovation across all industries through the development of decentralized and hybrid blockchain applications.
The company has an extensive list of products that range from ambient accounts, lending software, custody and payments services to blockchain-based games and developer tools.