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Tokenization Specialists Securitize and Ethena Unveil Institutional DeFi Blockchain


Published on 2025-03-18 05:21:24 - CoinDesk
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  • Securitize and Ethena Labs, two firms working closely with BlackRock's money market token BUIDL, have created an Ethereum-compatible blockchain called Converge, designed to house tokenized assets and provide institutional investors with the innovation of decentralized finance (DeFi).

The article from CoinDesk discusses the collaboration between Securitize and Ethena Labs to launch a new blockchain platform aimed at institutional investors. This platform, named "Institutional DeFi Blockchain," seeks to integrate traditional finance with decentralized finance (DeFi) by tokenizing real-world assets. Securitize, known for its expertise in tokenizing securities, and Ethena, which focuses on stablecoin technology, are combining their strengths to create a blockchain that supports high-volume, secure transactions suitable for institutional needs. The initiative aims to provide a regulated environment where institutional investors can engage with DeFi applications, potentially increasing liquidity and accessibility of assets while maintaining compliance with financial regulations. The platform promises enhanced security, scalability, and interoperability, addressing some of the key barriers for institutional adoption of blockchain technology.

Read the Full CoinDesk Article at:
[ https://www.coindesk.com/business/2025/03/17/tokenization-specialists-securitize-and-ethena-unveil-institutional-defi-blockchain ]