1inch announces rebranding to focus on DeFi

Decentralized exchange 1inch announced at the Token2049 conference in Singapore that it is undergoing a rebranding, which will include changing its official website to 1inch.com. The company explained that the move is part of a simplification effort to promote the wider adoption of decentralized finance (DeFi). 1inch is also in the process of obtaining ISO 27001 and SOC 2 certifications to enhance its security and risk management, stating this will lay the foundation for expanding partnerships with institutional investors. Future plans also include adding new features such as cross-chain solutions.