Web3-focused software technology company Aave Companies is rebranding to Avara, its founder Stani Kulechov told TechCrunch exclusively. The crypto parent entity best known for supporting Aave Labs, Aave Protocol, its native stablecoin GHO and decentralized social network protocol Lens, among others. About $8.66 billion of liquidity is locked in Aave across eight networks and over 15 markets like Ethereum, Avalanche, Optimism, Polygon and Base, according to its website. Before being called Aave and now Avara, the company was known as ETHLend. But this is the company’s final name change, Kulechov shared on TechCrunch’s Chain Reaction podcast. Aave will still exist but through Aave Protocol a
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