Tag: ethena

Ethena's Converge: DeFi for the People, Or Just Another Wall Street?

Ethena's Converge: DeFi for the People, Or Just Another Wall Street?

The promise of DeFi has always been tantalizing: a world where finance is democratized, accessible to all, and free from the gatekeepers of Wall Street. Ethena’s new Layer-1 blockchain, Converge, has positioned itself as an integral bridge to that future. More importantly, it has been used as a highway that...

Ethena's 'Converge': DeFi's Risky Embrace of Real-World Chaos?

Ethena's 'Converge': DeFi's Risky Embrace of Real-World Chaos?

Ethena’s “Converge” is turning heads in the DeFi space. It holds great potential to bridge the gap between decentralized finance with real-world assets. Is this bridge to nowhere really built on such solid ground, or are we just paving the way for another financial calamity? The attraction of bringing RWAs...

Ethena's Converge: Bridging DeFi & Real-World Assets!

Ethena's Converge: Bridging DeFi & Real-World Assets!

More recently, Ethena has been cutting a new path in the decentralized finance (DeFi) space with its ambitious Converge project. This initiative brings together DeFi and real-world assets (RWAs). Most importantly, it opens up a whole new set of opportunities for private investors and public institutions alike. BlockTraderHub.com is here...

Ethena's Converge Blockchain Set to Merge DeFi with Real-World Assets

Ethena's Converge Blockchain Set to Merge DeFi with Real-World Assets

Ethena today announced the launch of Converge, a new educational Layer-1 blockchain. This new platform would be a significant new infrastructure to bridge decentralized finance (DeFi) with real-world assets (RWAs). As far as development, Converge is preparing for a mainnet launch in Q2 of this year. They are excited to...

Ethena and Securitize Converge to Launch New Blockchain in Q2 2025

Ethena and Securitize Converge to Launch New Blockchain in Q2 2025

This groundbreaking technology will create the connective tissue needed to effectively unite traditional finance and decentralized finance (DeFi). Initially planned for launch in Q2 2025. Converge’s mission is to combine the best aspects of DeFi and institutional finance. Our ultimate aim with this combined effort is to develop a frictionless...

Ethena's Converge: Responsible Step or DeFi's Risky Gamble?

Ethena's Converge: Responsible Step or DeFi's Risky Gamble?

Both Ethena and Securitize are going into uncharted territory with Converge. The promise? An unmistakable bridge between the chaotic, exhilarating world of DeFi and the buttoned-down, risk-averse world of institutional finance. Are we building a bridge across the fiscal divide, or a highwire act across a fiscal cliff?DeFi's Untamed Wild...