Tokenization Specialists Securitize and Ethena Unveil Institutional DeFi Blockchain

Article

Description

Securitize and Ethena Labs have launched Converge, an Ethereum-compatible blockchain designed to bring DeFi to tokenized real-world assets (RWAs). Ethena will migrate its $6 billion DeFi ecosystem, while Securitize will use Converge as an issuance layer for tokenized securities.

Authors

Ian Allison

Publish date

Mar 17, 2025 - 9:30am

Publisher

CoinDesk

Related projects

Ethena Foundation
Securitize

Web URL

https://www.coindesk.com/business/2025/03/17/tokenization-specialists-securitize-and-ethena-unveil-institutional-defi-blockchain