PANews June 26 news, according to The Block, in response to a CoinDesk report stating that Kraken parent company Payward is in talks to acquire a 15% stake in the Aave protocol at a valuation of $385 million (equivalent to only 30% of AAVE token's FDV), Aave founder Stani Kulechov responded on X platform: "We would never sell AAVE at a 70% discount," and pointed out that CoinDesk's report was inaccurate. Kulechov said that the Aave protocol generates an annualized revenue of $134 million, all of which currently flows to the Aave DAO. However, he did not completely deny that Aave Labs might sell part of its AAVE token holdings, saying that multiple market participants have discussed direct or indirect purchases through deeper long-term partnerships.