Ethena Labs and Securitize launch institutional-focused Layer-1 blockchain called Converge

Ethena Labs and Securitize have announced the launch of Converge, a layer-1 blockchain focused on institutional capital flows and integrating tokenized assets with DeFi.  According to Ethena Labs’ March 17 announcement, the initiative aims to provide a purpose-built network for permissioned and permissionless financial applications. Ethena Labs and Securitize plan to release technical... source: https://cryptoslate.com/ethena-labs-and-securitize-launch-institutional-focused-layer-1-blockchain-called-converge/