Aave to introduce tokenized stock lending service

DeFi lending protocol Aave announced it will expand into the real-world asset (RWA) lending market, including tokenized stocks, through its upcoming Aave V4. The protocol explained that with its on-chain model, users can deposit tokenized shares of companies like Apple (AAPL) and Tesla (TSLA) as either collateral or lendable assets to directly earn lending revenue. Aave contrasted this with traditional brokerages such as Robinhood and Charles Schwab, which it said take 50-85% of the fees generated from lending out customer stocks, paying only a fraction to the users themselves.