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    <p><a rel="noopener noreferrer nofollow" title="Tether" href="https://thebittimes.com/tag/tether.html">Tether</a> recently announced a “strategic alliance” with <a rel="noopener noreferrer nofollow" title="rhino" href="https://thebittimes.com/tag/rhino.html">rhino</a>.fi — formerly DeversiFi, formerly <a rel="noopener noreferrer nofollow" title="Ethfinex" href="https://thebittimes.com/tag/ethfinex.html">Ethfinex</a> — which <a rel="noopener noreferrer nofollow" title="Tether" href="https://thebittimes.com/tag/tether.html">Tether</a> claims will “improve liquidity” for <a rel="noopener noreferrer nofollow" title="rhino" href="https://thebittimes.com/tag/rhino.html">rhino</a>.fi’s bridging solution.&nbsp;</p>
    <p>The genesis of rhino.fi is Ethfinex, a Tether sister firm spun out of Bitfinex with the goal of eventually creating a ‘trustless exchange.’</p>
    <p>Eventually, the trading volume associated with this was merged back into Bitfinex and the on-chain trading of tokens became the domain of DeversiFi, which was more explicitly spun out of Bitfinex with a ‘management buyout.’&nbsp;</p>
    <p>Despite this separation, DeversiFi and Bitfinex continued to collaborate closely, with Bitfinex and DeversiFi working together on a solution to transfer <a rel="noopener noreferrer nofollow" title="Tether" href="https://thebittimes.com/tag/tether.html">Tether</a> tokens to DeversiFi’s layer-2 decentralized exchange.&nbsp;</p>
    <p>Since then, DeversiFi has rebranded as rhino.fi, <strong>attempting to enable transactions in different tokens across various chains</strong>, including Tether tokens, even before this new ‘alliance.’</p>
    <h2 class="wp-block-heading" id="h-william-and-christopher-harborne">William and Christopher Harborne</h2>
    <p>rhino.fi is led by William Harborne, the son of Christopher Harborne. Christopher is also sometimes known as Chakrit Sakunkrit and is a shareholder in Tether’s parent company Digfinex.</p>
    <figure class="wp-block-embed is-type-wp-embed is-provider-protos wp-block-embed-protos">
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       Brexit’s top donor outed as Bitfinex, Tether parent shareholder
      </blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted" style="position: absolute; clip: rect(1px, 1px, 1px, 1px);" title="“Brexit’s top donor outed as Bitfinex, Tether parent shareholder” — Protos" src="https://protos.com/bitfinex-tether-digfinex-shareholder-harborne-brexit-bankroller/embed/#?secret=epW6cNJzPB#?secret=HrSakM8jBb" data-secret="HrSakM8jBb" width="500" height="282" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe>
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    <p><em>Read more: BoJo donor Christopher Harborne named as intermediary in Tether fraud claims</em></p>
    <p>Christopher is very active politically, <strong>serving as the largest donor to Reform UK and a large donor to Boris Johnson</strong>. He reportedly helped Bitfinex and <a rel="noopener noreferrer nofollow" title="Tether" href="https://thebittimes.com/tag/tether.html">Tether</a> maintain access to banking by applying for bank accounts at Signature Bank for his aviation fuel brokerage, AML Global, which subsequently received funds from Bitfinex.</p>
    <p>This latest ‘strategic alliance’ follows a long history of collaboration between William Harborne, Christopher Harborne, Bitfinex, Tether, and Ethfinex/DeversiFi/rhino.fi.</p>
    <p><em>Got a tip? Send us an email or ProtonMail. For more informed news, follow us on&nbsp;X,&nbsp;</em><em>Instagram</em><em>,&nbsp;</em><em>Bluesky</em><em>, and&nbsp;</em><em>Google News</em><em>, or subscribe to our&nbsp;</em><em>YouTube</em><em>&nbsp;channel.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/tether-forms-alliance-with-former-sister-firm-rhino-fi-fka-ethfinex-tbt76902.html">https://thebittimes.com/tether-forms-alliance-with-former-sister-firm-rhino-fi-fka-ethfinex-tbt76902.html</a></p>

Tether forms ‘alliance’ with former sister firm, rhino.fi fka Ethfinex

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