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The Ren Development Team Is Joining Alameda

Tue, 02 Feb 2021, 10:36 am UTC

Ren Project announced that the Ren development team will be joining Alameda. As part of joining Alameda, the Ren development team will be prioritising support for Solana in the Multichain libraries, and in RenVM itself. This support is currently under audit, and it anticipates that the team will be able to begin bridging assets to/from Solana in Q2. Doing so will have a profound impact on Serum, but also on the wider Solana ecosystem.

The upcoming support for Solana, and integration into Serum, will help bring even more volume and users to RenVM, solidifying it as the highest usage interoperability network. RenVM will see new and diverse assets, new users, and increased fee revenue for its node operators.

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