Bittrex CEO Tom Albright explained that this year “has seen huge growth in DeFi as an asset class and a number of significant milestones completed.” He believes that as the industry matures more institutional and professional investors will look at its fundamentals and consequently “we are likely to see increased demand and higher trading volumes for DeFi in 2021.”
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RenVM seeks to bridge the gap between Bitcoin and Ethereum, with more cryptocurrencies to come (Photo: PXfuel).RenVM bridges Bitcoin, Ethereum blockchains
Ren says its ultimate goal is to connect ‘any imaginable pair of blockchain-based tokens’—telling Modern Consensus this could start happening within months
An open decentralized finance protocol has launched its core product today: RenVM bridges blockchains, enabling Bitcoin, Bitcoin Cash, and Zcash to be brought to the Ethereum blockchain.