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Ethena Labs and Securitize to launch Converge, a new blockchain for DeFi

  • Ethena Labs and Securitize are teaming up to launch Converge, a new blockchain for decentralized finance and tokenized assets.
  • Converge will be Ethereum Virtual Machine-compatible and cater to both retail and institutional DeFi.
  • The anticipated launch date for Converge is Q2 2025.
  • The partnership aims to bridge the gap between traditional finance and DeFi, enabling storage and settlement of stablecoins and tokenized assets.

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