Ren is an open protocol that enables the permissionless and private transfer of value between any blockchain. Ren's core product, RenVM, is focused on bringing interoperability to decentralized finance (DeFi). Ren was founded in 2017 and is headquartered in Singapore.
Wrapped Bitcoin Tokens (WBTC) is an ERC20 token fully backed by real BTC. The proof of reserves is on-chain, showing the exact 1:1 ratio between minted WBTC tokens and BTC stored by the custodians. A collaborative effort with a community of partners to bring Bitcoin to the Ethereum network will bring the stability and value of Bitcoin to Ethereum's expansive ecosystem of decentralized applications.