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

Claim

Quotes that support claims

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

Related projects

Ethena Foundation
Securitize

Referenced by

Summary

Crypto news

Data block