Name
Tokenization Specialists Securitize and Ethena Unveil Institutional DeFi Blockchain
Description
Securitize and Ethena Labs have launched Converge, an Ethereum-compatible blockchain designed to bring DeFi to tokenized real-world assets (RWAs). Ethena will migrate its $6 billion DeFi ecosystem, while Securitize will use Converge as an issuance layer for tokenized securities.
Publish date
9:30am, Monday, March 17, 2025
Referenced by
Securitize and Ethena launch Converge blockchain
Crypto news
News story
Converge will be compatible with the Ethereum Virtual Machine (EVM), enabling it to run Ethereum-based smart contracts, dApps, and tools without modification
Crypto news
Quote
To bring that innovation in a context where the collateral and the asset that you're pledging into the protocol is actually a regulated instrument, there are a bunch of things beyond purely white listing wallets and KYC
Crypto news
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