🚨💥🚨EXCLUSIVE🚨💥🚨
#Aave changes name to #Avara and acquires software developer behind #Ethereum Family wallet
Blockchain technology company Aave Companies has changed its name to Avara and announced the acquisition of a Los Angeles-based startup web3.
Avara will now be the parent entity of Aave, Lens, the GHO stablecoin, Sonar and other brands, according to a company statement. In addition to the name change, Avara has also purchased Los Feliz Engineering, the web3 software development startup behind the Ethereum Family crypto wallet and the ConnectKit developer library.
Benji Taylor, founder of Family, will join Avara as senior vice president of product and design. The entire Los Feliz engineering team will also join Avara.
"Our transformation into Avara and the integration of Family into our fold are not mere changes in name or structure,"#Avarafounder Stani Kulechov wrote in a statement. "These are significant advances toward our ultimate mission: an open, decentralized Internet that is equitable, inspires participation, and fosters innovation."
#crypto $AAVE