Aave Pushes On-Chain Lending for Tokenized Stocks, Targets Trillion-Dollar Securities Lending Market

CoinFeed reported on June 26 that Aave is expanding its business boundaries through Aave V4, extending from crypto asset lending to real-world assets (RWA) such as stocks, aiming to enter the global securities lending market worth approximately $4.6 trillion. Traditional brokers like Robinhood and Charles Schwab typically earn lending income by lending out users' held stocks, retaining 50%-85% of the securities lending fees and returning only a small portion to users. The global securities lending market generates about $35 billion in annual revenue, mainly earned by intermediaries.