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Ethena and Securitize Set Q2 2025 Launch for Converge Blockchain, Merging DeFi and Finance

  • Ethena and Securitize have announced the upcoming launch of Converge blockchain, merging DeFi with institutional finance.
  • Converge is set to launch in Q2 2025 and aims to support permissionless DeFi applications and permissioned institutional products.
  • Arbitrum and Celestia technologies will be used for high performance and low latency on the Converge network.
  • By leveraging Ethena's stablecoins, Converge will streamline accounting procedures and attract major institutional players in DeFi.

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