Defi for institutions – the converge platform of Ethena Labs and Securice

• The start of Converge is a reaction to strong institutional interest in Defi, and it will combine traditional finance with blockchain technology.
• Growing acceptance of Ethereum and ongoing innovations will optimize Defi platforms such as ConverGE optimize the trust of investors and increase their liquidity.

After the recent introduction of Sena by Ethena Labs, which has proven to be effective when increasing liquidity and the defi premiums-CNF reported a significant new development. Ethena Labs and Securice have announced the impending launch of “Converge”, a blockchain platform that is tailored to both private investors and institutional investors.

Converge is to come onto the market in the second quarter and serve as a resolution level for institutions that venture into Defi and tokenized assets. Carlos Domingo, co -founder and CEO von Securitize, explained:

“With Converge, we solve this problem by developing a conceivated blockchain that creates a seamless connection between the traditional finance and the possibilities of Defi.

Uniform platform for different investor interests

Converge is designed as an Ethereum Virtual Machine (EVM) compatible blockchain, which enables seamless integration with existing Ethereum-based applications. This compatibility ensures that decentralized applications (DAPPS) and smart contracts can be operated without changes, which offers developers and users a familiar environment.

The reports also emphasize that Converge will provide access to standard DEFI applications that enable participation in decentralized lending, borrowing and trade.

Increasing institutional interest in Defi

The market launch of Converge corresponds to a wider trend of the growing institutional interest in Defi. Traditional financial institutions research blockchain technologies to improve efficiency, transparency and access to new investment classes.

For example, Clearstream of the German Stock Exchange has announced that they offer custody and handling services for cryptocurrencies for institutional customers who concentrate on Bitcoin and Ether. This reflects a growing acceptance and integration of digital assets into traditional financial framework.

Ethereum gains dynamics

As CNF reported, Ethena Labs introduced his Roadmap 2025. While the Defi sector experiences an increasing institutional interest, Ethereum also makes talking. When writing this article, ETH is traded at $ 1,907 – an increase of 0.33 % in the last 24 hours.

Analysts assume that ETH could experience a further price increase in the coming weeks in view of the upcoming Dencun upgrades and the increasing spread of L2 scaling-which may affect projects-which may start on EVM-compatible chains such as converge.