Aave targets institutions with real-world assets in new 'Horizon' initiative
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Aave Labs has launched a new initiative called Horizon, which focuses on institutional adoption of DeFi through real-world asset products.Horizon is expected to generate new revenue streams for the Aave DAO, Aave Labs said.
[The Three Major U.S. Stock Indexes Closed Slightly Higher, S&P 500 Hits New Closing High]
On December 24, U.S. stocks closed with the Dow up 0.16%, the Nasdaq up 0.57%, and the S&P 500 index up 0.45%, hitting a new closing high. NVIDIA rose 3%, Broadcom rose 2%, Circle fell nearly 5%. The Nasdaq Golden Dragon China Index fell 0.58%, Dingdong Maicai rose over 5%, and GDS Holdings fell 3%.
Since reaching a one-year peak on March 3rd this year, the number of wallets holding at least one Bitcoin has decreased by 2.2%, but the total holdings of these wallets have increased by 13667 Bitcoin. （Santiment）
Wall Street is conducting settlement, payment, and asset tokenization related operations on Ethereum, but did not directly mention the name of Ethereum. （Cointelegraph）
The Central American country’s economy is projected to grow 4% this year, the IMF said.
What to know : The IMF praised El Salvador's stronger-than-expected economic growth and progress in bitcoin-related discussions. El Salvador's real GDP growth is projected to reach around 4%, with a positive outlook for 2026. Despite previous IMF recommendations, El Salvador continues to increase its bitcoin holdings, adding over 1,000 BTC during November's market downturn.