Ethena and Securitize Target Q2 2025 for Converge Blockchain Launch, Bridging DeFi and Traditional Finance

Ethena, in collaboration with Securitize, has announced plans to launch the Converge blockchain platform in the second quarter of 2025. This initiative aims to seamlessly integrate decentralized finance (DeFi) solutions with conventional financial systems, offering institutional-grade infrastructure for digital asset management. The project represents a strategic convergence of blockchain innovation and regulatory-compliant financial services, potentially unlocking new liquidity avenues while maintaining compliance frameworks. Industry analysts anticipate the platform could set a precedent for hybrid financial architectures in the crypto sector.

• Converge blockchain, which is set to launch in Q2 2025, combines DeFi with institutional finance.
• Ethena’s USDe and USDtb stablecoins will power gas fees on the Converge network.
• Converge leverages Arbitrum and Celestia for high performance and low latency.

Ethena and Securitize revealed their upcoming launch of Converge blockchain, which will bridge traditional finance and decentralized finance (DeFi). The mainnet launch of Converge is scheduled to occur by the end of Q2 2025 and will support permissionless DeFi applications and permissioned institutional products. 

The combination of Arbitrum with Celestia’s data availability network enables Converge to execute transactions fast and process data efficiently.

Converge’s innovation is enabled through its connection to Ethena’s USDe and USDtb stablecoins for paying gas fees, thereby reducing payment volatility while streamlining accounting procedures. The platform has been designed to attract major institutional players in DeFi through its secure and efficient features.

Converge is also planning on enabling the Stylus upgrade for their chain.

This will allow devs on @convergeonchain to deploy smart contracts in Solidity, Rust, C, and C++ so that they can build fast and efficient apps.https://t.co/xkSyhlLeTm

Technological Framework and Security

Converge blockchain will maximize its transaction speed while minimizing latency and associated costs by implementing Arbitrum sequencer technology. The incorporation of Celestia’s data availability layer into Converge enables the network to manage large volumes of data without excessive storage expenses. Arbitrum and Celestia working together will extend the boundaries of transaction performance available on Ethereum-compatible networks.

The Converge Validator Network (CVN) will ensure the security of the blockchain by acting as a governance council. Participating validators in the CVN must deposit their Ethena ENA tokens as stake while using these tokens for network governance. 

The CVN will allow activities to be paused in emergencies or for major proposals, which ensures the network remains secure and compliant with regulatory requirements. The inclusion of this security measure sets Converge apart as a platform suitable for institutional use.

Connecting DeFi and Traditional Finance

The integration of real-world assets (RWA) with DeFi represents a fundamental growth step for the financial sector. Ethena leads the DeFi sector through USDe synthetic dollar, which holds $5 billion in assets, while Securitize continues to provide tokenization services to major institutions, including BlackRock and Apollo.

The integration of Ethena’s and Securitize’s infrastructure enables Converge to create a smooth connection between institutional funding and decentralized financial protocols. The blockchain platform will let institutional issuers and individual developers deploy various financial applications, thus becoming a multi-purpose platform for crypto use cases.