Ren Joins Alameda Ecosystem

Ren Joins Alameda Ecosystem

By Abhimanyu Krishnan | News | 3 Feb 2021


The Ren (REN) project has joined the Alameda Research ecosystem to bring interoperability solutions to the Solana blockchain, according to a blog post published on Feb. 2.

  • Ren’s role in the collaboration will be to support the Solana blockchain in its multi-chain libraries and RenVM
  • The team expects to finish the bridge with Solana in Q2 2021
  • The Solana support and Serum DEX integration, in turn, will bring volume, users, and increased fee revenue to the Ren network
  • Additionally, Alameda will assist in the development of Greycore, Ren’s decentralization initiative
  • Alameda Research is a quantitative research crypto firm and liquidity provider that backs Solana and has its own Serum DEX; the company is led by FTX CEO Sam Bankman-Fried
  • RenVM acts as a “trustless custodian” to help move assets between different chains; it has successfully done this to bring Dogecoin to Ethereum, besides bringing over 15,000 BTC to Ethereum

Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


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