
According to Bloomberg, Kulechov purchased the £22 million Notting Hill mansion in November, paying roughly £2 million below the guide price.
Stani Kulechov, founder of decentralized lending platform Aave, bought a five-floor mansion in London’s Notting Hill for £22 million (~$30 million) in November, around £2 million under the guide price, according to Bloomberg citing brokers. Aave has over $50 billion in assets deposited across its markets. Kulechov, a Russian-born Finnish lawyer who launched Aave in 2017 as ETHLend, has advocated for the U.K. and Ireland as crypto hubs and welcomed HMRC’s view that locking crypto as collateral in DeFi lending is not a taxable event. An Aave spokesperson did not immediately respond to a request for comment.