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Aave Labs acquires Avon team for fixed-rate lending

PRIVATENov 07, 2026

Acquiring Company

Aave Labs

Acquired Company

Avon

SingaporeFinancial ServicesFinanceFintechBlockchainCryptocurrencyLendingFinancial ServicesLending

Description

Aave Labs has acquired the Avon team to develop fixed-rate lending on its platform. The provided text contains only the headline and newsletter boilerplate, so the deal terms, date, and location are not available.

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Company Information

Company

Aave Labs

Location

Singapore

About

Aave Labs is a leading cryptocurrency and decentralized finance company that provides multiple solutions for users in the DeFi space. It enables individuals to lend, borrow, and earn interest on crypto assets through innovative financial protocols. Aave is known for its user-friendly interface and robust security features.

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Frequently asked

Who acquired Avon?

Avon was acquired by Aave Labs, based in Singapore. The deal was reported on November 7, 2026. Aave Labs is a leading cryptocurrency and decentralized finance company that provides multiple solutions for users in the DeFi space. Aave Labs is privately held and operates in Financial Services.

When did Aave Labs acquire Avon?

Aave Labs's acquisition of Avon was reported on November 7, 2026. Aave Labs has acquired the Avon team to develop fixed-rate lending on its platform. The provided text contains only the headline and newsletter boilerplate, so the deal terms, date, and location are not available. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Avon do?

Avon is a team of developers acquired by Aave Labs to build fixed-rate lending products. The headline does not state whether Avon is a company or a group of individuals. It is privately held, operating in Financial Services.

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