Ronin Announces $13M Growth Plan to Expand Into DeFi

In Brief:

Ronin is launching a $13 million growth initiative with Alpha Growth and partners to expand into DeFi.

The plan aims to integrate game assets with DeFi, enabling NFT lending, stablecoin borrowing, and liquidity staking.

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Game-focused blockchain Ronin is making a strategic move into DeFi, unveiling a $13 million growth plan in collaboration with Alpha Growth and other industry partners. The initiative will offer incentives and liquidity guidance to boost DeFi development on Ronin.

The integration will allow game tokens and assets to interact with DeFi dApps, unlocking new financial utilities such as borrowing against NFTs, stablecoin lending, and liquidity staking. This marks a major step in bridging gaming and decentralized finance, increasing Ronin’s adoption across multiple sectors.

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