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Aave Companies Acquires Social Metaverse Developer Sonar

Software development company Aave Companies today announced the acquisition of Sonar, a San Francisco-based metaverse developer where players can build worlds and interact with user-created spaces using non-fungible tokens (NFTs).

Aave Companies is the umbrella entity for various crypto projects, including the lending and borrowing protocol Aave, the up-and-coming social platform Lens Protocol, as well as the stablecoin GHO.

(by Andrew Asmakov)

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