Aave Labs CEO Stani Kulechov said onchain lending could help accelerate the development of solar, energy storage, robotics by putting money behind "future-proofAave Labs CEO Stani Kulechov said onchain lending could help accelerate the development of solar, energy storage, robotics by putting money behind "future-proof
Aave founder pitches $50T ‘abundance asset’ boom to drive DeFi
Aave Labs CEO Stani Kulechov said onchain lending could help accelerate the development of solar, energy storage, robotics by putting money behind "future-proof" assets.
Stani Kulechov, the founder of decentralized lending platform Aave, said DeFi could benefit from $50 trillion worth of “abundance assets” such as solar through tokenization by 2050, opening a new class of onchain collateral.
Data from RWA.xyz shows that nearly $25 billion worth of real-world assets have been tokenized onchain, but they are mostly in the form of US Treasury bonds, stocks, commodities, private credit and real estate.
In a post to X on Sunday, Kulechov said he expects these scarce assets to continue growing but that the “biggest impact from tokenization can be achieved by tokenizing abundance assets.”
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