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DeFi Specialist Aave Labs Acquires Stable Finance, Expands Consumer Access to Onchain Savings
Yahoo Finance· 2025-10-23 14:10
Aave Labs, the firm behind decentralized finance (DeFi) giant Aave, said it acquired Stable Finance, a San Francisco-based startup focused on making onchain savings simple for everyday users. The terms of the deal were not disclosed. The move brings Stable’s founder, Mario Baxter Cabrera, and his engineering team to Aave Labs, where they’ll help build new consumer-facing DeFi products. Cabrera will join as Director of Product. Stable Finance is best known for its mobile app, which lets users deposit doll ...