• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Athena Labs and Securitize Unveil Converge Blockchain to Bridge Traditional and Decentralized Finance

user avatar

by Giorgi Kostiuk

11 hours ago


Athena Labs and Securitize have introduced Converge, a new blockchain promising to unite traditional and decentralized finance systems.

What is Converge and How Will It Work?

Converge is built on the Ethereum Virtual Machine (EVM), facilitating both permissioned and permissionless financial applications. It serves as a bridge between traditional financial institutions and the evolving world of decentralized finance, with a mainnet launch scheduled for the second quarter.

Institutional Capital and Tokenized Assets

Converge will act as the primary issuance layer for Securitize's tokenized assets, opening doors to a wider range of financial instruments. The integration with Ethena's stablecoins aims to create innovative financial products, reinforcing options for institutional investors in the DeFi space.

Key Features of the Converge Blockchain

Converge offers three main application tiers: permissionless DeFi ecosystem, compliant applications for traditional financial institutions, and innovative new financial products. Major DeFi protocols and infrastructure providers will ensure institutional users have the necessary tools.

Athena Labs and Securitize have designed Converge to merge the best elements of traditional and decentralized economies, offering new opportunities for a diverse range of investors.

0

Share

Other news

Solana Futures on CME: Initial Insights

Solana (SOL) futures on the CME launch with low interest. Trading volume was $12.3 million, open interest - $7.8 million.

user avatarGiorgi Kostiuk

2 hours ago

Digital Currency Trials: Plans of the Bank of Korea

The Bank of Korea starts CBDC trials with 100,000 participants and major banks, assessing digital currency capabilities.

user avatarGiorgi Kostiuk

2 hours ago

Bitcoin Price Drop: A Buying Opportunity or a Warning?

Analysts suggest Bitcoin's recent price drop could be a buying opportunity rather than a bear market warning.

user avatarGiorgi Kostiuk

2 hours ago

Ethereum's Position Weakens: Another Fall Against Bitcoin

Ethereum remains oversold against Bitcoin amid negative market and on-chain data.

user avatarGiorgi Kostiuk

2 hours ago

Latest Arctic Pablo Coin News: Presale, Token Burn, and Staking

Analyzing the latest developments of Arctic Pablo Coin, including presale, token burn, and staking opportunities.

user avatarGiorgi Kostiuk

2 hours ago

Binance CEO Dismisses Trump Deal Talks Rumors

Binance CEO Richard Teng dismisses Trump family deal talk rumors at the 2025 Digital Asset Summit.

user avatarGiorgi Kostiuk

2 hours ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.