TechFlow news — On March 18, according to official announcements, Ethena Labs and Securitize have revealed plans to launch Converge, a dedicated EVM blockchain optimized for retail and institutional DeFi.
Converge will benefit from on-chain applications and products provided by initial partners including Pendle, Aave Labs’ Horizon project, Ethereal, Morpho, and Maple Finance. Ethena will focus its institutional product offerings on Converge and aims to migrate its existing DeFi ecosystem—currently holding nearly $6 billion in assets—onto the network.




