Converge
Ethena & Securitize L1 for digital dollars and tokenized assets
About
Converge is an EVM-compatible Layer-1 built by Ethena Labs and Securitize as a settlement layer for digital dollars and tokenized real-world assets. It uses Ethena's USDe and USDtb as gas tokens, a validator network secured by staked ENA, and an Arbitrum/Celestia stack. It supports both permissionless DeFi and permissioned institutional applications, with mainnet launched in 2025.
Stablecoins
Key products
Chains
- Founded
- 2025
- Stage
- Backed by Ethena & Securitize
- Funding
- Backed by Ethena Labs and Securitize
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