The independent entity of the NEAR Foundation, Nuffle Labs, has been renamed to MoreMarkets

ChainCatcher news, according to The Block, the independent entity Nuffle Labs, derived from the NEAR Foundation, announced its rebranding to MoreMarkets. MoreMarkets plans to launch its mainnet testnet on April 19.

MoreMarkets aims to create yield opportunities from XRP, DOGE, and other non-EVM tokens across different decentralized exchanges (DEXs) without leaving their original networks. The company is developing a DeFi stack that combines vaults, cross-chain messaging, and yield aggregation to help these assets provide liquidity for DEXs and other active DeFi chains.

Previously, Nuffle Labs raised $13 million in strategic funding in June 2024.