<ul><li>Ethena Labs and Securitize have announced the launch of 'Converge,' a blockchain platform bridging traditional finance and DeFi.</li><li>Converge, scheduled for release in Q2 2025, will serve as a settlement layer for institutional investors in DeFi and tokenized assets.</li><li>The platform is designed as an EVM-compatible blockchain, providing a familiar environment for developers and enabling access to standard DeFi applications for retail investors.</li><li>The launch of Converge reflects the increasing institutional interest in DeFi, with traditional financial institutions exploring blockchain technologies to enhance efficiency and access new asset classes.</li></ul>

Institutional DeFi: Ethena Labs and Securitize Launch Converge

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