In February 2021, the Ren project announced that it had been acquired by Alameda Research so that Alameda could “[help] accelerate the decentralisation” of the project.Now, the Ren team has announced that they have transferred all assets on the Ren Protocol “to the FTX Debtors’ cold storage wallets for safeguarding”.The announcement mentioned “possible shutdowns of infrastructure and systems,” possibly referring to Ren’s plans — announced shortly after the FTX collapse — to “move on from Alameda” by launching “Ren 2.0” and sunsetting the 1.0 version. However, there has been little public evidence that Ren 2.0 has been progressing.