Alameda Research acquihires DeFi project Ren — the maker of renBTC

https://www.theblockcrypto.com/linked/93581/alameda-research-acquihires-defi-project-ren-renbtc

"#Ren's core development team, ~10 to ~20 people, will join #Alameda."

"#FTX is a sister company of #AlamedaResearch."

"The protocol differs from similar projects like #WBTC and #imBTC since it does not rely on a centralized custodian."

"[...[ wants to support other assets, incl. [...] China’s digital yuan."

Blog Post by #RenProject:
https://medium.com/renproject/ren-alameda-90a8f471b323

#Bitcoin  #renBTC #RenVM #DeFi