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As market slumps, Ren bolsters DeFi liquidity via Fantom, Polygon integrations

Published 05/29/2021, 06:54 PM
Updated 05/30/2021, 09:00 PM
As market slumps, Ren bolsters DeFi liquidity via Fantom, Polygon integrations

As digital asset markets suffer a broad pullback, cross-chain bridge protocol Ren has announced integrations with EMV-compatible chains Fantom and Polygon that could bolster liquidity across the DeFi ecosystem.

In a blog post on Friday, Ren announced that the RenVM bridge now supports the trustless transfer of four popular cryptocurrencies to Fantom, including Bitcoin, DOGE, and ZEC. Three additional Fantom bridge assets are incoming as well, including Filecoin and LUNA. Likewise, in a post on Wednesday, Ren announced a similar seven-asset integration with Polygon:

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