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Aave Goes All-In on DeFi, Shuts Down Avara Brand and Family Wallet
Yahoo Finance· 2026-02-04 17:10
Aave founder Stani Kulechov announced the decentralized finance protocol is winding down its Family iOS wallet over the coming year and retiring the Avara umbrella brand as the company consolidates operations entirely under Aave Labs. The strategic retreat from consumer wallet products comes from a bet that mainstream users will adopt crypto through focused financial applications, such as savings and lending, rather than general-purpose explorers. Family will stop onboarding new users from April 1, with ...