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Stani Kulechov, founder and chief executive officer (CEO) at Avara, highlights Horizon's role in advancing real-world asset (RWA) integration within decentralized finance (DeFi).
Kulechov notes that while RWAs are still in their early stages, they have the potential to grow into a trillion-dollar market over the next decade. He adds that Aave is well positioned to benefit from this evolving trend.
Kulechov recently addressed security incidents involving rsETH, confirming that an attacker's position was liquidated on both Ethereum and Arbitrum as part of a technical recovery plan detailed here. He added that the burned rsETH on Arbitrum will be replaced, with withdrawals set to resume soon, according to an update provided earlier. These developments come as Avara continues to expand its participation in DeFi markets.