Aave founder Stani Kulechov announced June 26, 2026 on X: “Aave is expanding its TAM from Crypto assets to all assets with Securities-backend Loans and Securities Lending.”
June 19 pitch outlined Aave V4 bringing collateralized loans, repo agreements, and direct securities lending on-chain via hub-and-spoke architecture. Securities lending: ~15B revenue 2025.
Tokenized securities as collateral for GHO/stablecoin borrowing. Repo trades settle real-time on-chain. Asset owners lend tokenized securities directly for yield without prime broker intermediaries. Also floated gold-backed loans as trillion-dollar opportunity.