Ren

About Ren

Ren (REN) is an open protocol designed to enable the seamless transfer of digital assets across different blockchains. Founded in 2017 and headquartered in Singapore, Ren's flagship product, RenVM, is a decentralized virtual machine that facilitates trustless cross-chain interoperability without requiring centralized custodians. This makes it particularly valuable within the decentralized finance ecosystem, allowing assets like Bitcoin to be used on Ethereum-based DeFi platforms. REN serves as the native utility token, used for bonding by Darknodes that power the network's secure computation and liquidity bridging infrastructure.