BlockBeats News, April 17th, according to CoinDesk's report, DeFi protocol Ethena and asset tokenization company Securitize announced that they will utilize some of Arbitrum's technology and the data availability network Celestia to build an Ethereum-compatible blockchain focused on real-world assets (RWA). They plan to launch the mainnet in the second quarter of this year.
This chain, named Converge, is dedicated to achieving fast block times and supports users to pay Gas fees using Ethena's USDe and USDtb tokens. At the same time, the project team is building security and protection mechanisms through the Converge validator network.