Project Ren (REN) was acquired by Alameda Research LLC — a sister company of the bankrupt crypto exchange — in early 2021, but due to the Chapter 11 filing, Ren’s development team has decided to “move on.”
As the project announced its separation from the bankrupt Alameda on Nov 19, REN’s social dominance, development activity and price have seen notable movements, according to the on-chain data provider Santiment.
Source: https://crypto.news/ren-separates-from-alameda-token-activity-increases/