So I saw that Stani Kulechov just splurged 30 million dollars on a mansion in Notting Hill, Londres. It’s crazy, really—he’s buying luxury properties while his Aave platform is going through a somewhat chaotic period internally.

The funny thing is, Kulechov is trying to promote Royaume-Uni as a new crypto hub, but in the meantime there are serious tensions in the ecosystem. Disputed votes over brand ownership, $5 million in fees for integrating CoW Swap that are making people’s teeth grind… people are starting to criticize Aave Labs’ management.

But hey, with 50 billion dollars in assets on the platform, Stani Kulechov clearly has the means to fund his real estate fantasies. It seems he even negotiated a 2 million pounds sterling reduction on the price. The purchase was made with a nice discount, so apparently things are going well for him personally, even if Aave Labs is getting quite a lot of criticism right now.

It’s interesting to see how the founders of different crypto projects diversify their investments. Kulechov is clearly betting on DeFi and geographic expansion, but tensions within the Aave community continue to rise. We’ll see how this gets resolved.