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 and robotics by putting money behind “future-proof” assets.
Stani Kulechov, the founder of the decentralized lending platform Aave, says DeFi could benefit from $50 trillion worth of “abundance assets,” such as solar energy, 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.”
