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AAVE CEO Explains His Three Dozen DeFi Angel Investments In 2020

Emily Mason

Summary: CEO and Founder of AAVE Stani Kulechov has angel invested in almost three dozen DeFi projects over the past year, as reported by CoinDesk. “I think everyone should do angel investing in the space, especially if you gained,” Kulechov told CoinDesk in an interview. Kulechov expressed that he believes investing in the DeFi ecosystem will help ...

CEO and Founder of AAVE Stani Kulechov has angel invested in almost three dozen DeFi projects over the past year, as reported by CoinDesk.

“I think everyone should do angel investing in the space, especially if you gained,” Kulechov told CoinDesk in an interview.

Kulechov expressed that he believes investing in the DeFi ecosystem will help defend and grow AAVE. He stated that once the ecosystem is big enough people will be more reliant on this kind of technology, widening his customer base.

Kulechov has backed projects Lido, Maple, Slingshot, Swivel and PoolTogether. Aave itself raised a fresh $25 million last October, ahead of releasing its new version in December.

By Emily Mason

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