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Securitize and Ethena have announced Converge, an EVM blockchain focused on supporting and advancing both DeFi and tokenized assets.
Here’s my TLDR: Converge wants to build products and apps with partners catered to institutional investors, giving them access to DeFi. Securitize will issue both future and existing tokenized assets on the blockchain.
Partners include Maple, Morpho, Pendle, Aave Labs’ Horizon, and then you have custodial support from the likes of Copper, Fireblocks and Komainu.
The two plan to launch Converge within the next three months, Securitize CEO Carlos Domingo…
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