Ethena Labs, the tokenization firm behind the synthetic dollar USDe and USDtb stablecoin backed by BlackRock’s BUIDL fund, plans to move its $6 billion DeFi ecosystem to Converge, a new Ethereum-compatible blockchain it built in partnership with Securitize

Quote

Name

Ethena Labs, the tokenization firm behind the synthetic dollar USDe and USDtb stablecoin backed by BlackRock’s BUIDL fund, plans to move its $6 billion DeFi ecosystem to Converge, a new Ethereum-compatible blockchain it built in partnership with Securitize

Types

Authors

Related projects

Ethena Foundation

Sources

Ethena and Securitize launch Converge, a new institutional-grade EVM chain for tokenized assets

Referenced by

Ethena plans to migrate its $6 billion DeFi ecosystem to Converge, while Securitize will use the blockchain for tokenized asset issuance

Crypto news

Ethena Labs and Securitize launched Converge blockchain

Crypto news