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The DeFi protocol Ethena and asset tokenization company Securitize announced that they will leverage some of Arbitrum's technology and the data availability network Celestia to create a blockchain focused on real-world assets (RWA) that is compatible with Ethereum—Converge. This blockchain is planned to officially launch its mainnet in the second quarter of this year.

The Converge chain is committed to achieving fast block times to enhance transaction efficiency. In addition, the chain supports users in paying Gas fees using Ethena's USDe and USDtb tokens, providing users with more payment options. Meanwhile, the project team builds a Converge validator network to provide strong guarantees for the security and stability of this blockchain.

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