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news-imageMarch 18, 2025

Ethena Labs and Securitize Introduce Converge Blockchain for Next-Gen Financial Integration

​​Ethena Labs and Securitize have officially unveiled Converge, an Ethereum Virtual Machine (EVM)-compatible Layer-1 (L1) blockchain. Designed to integrate traditional finance (TradFi) with decentralized finance (DeFi), Converge aims to serve as a settlement layer for digital dollars and tokenized assets.
Publisher: BeInCrypto
Sentiment: Positive
ENA

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Positive
cover-imageCrypto Economy
March 18, 2025

Ethena & Securitize Unveil Converge, a Blockchain Built for TradFi and DeFi Integration

TL;DR Unified TradFi & DeFi Platform: Ethena and Securitize unveil Converge, a cutting-edge EVM-compatible Layer-1 blockchain that seamlessly integrates traditional finance with decentralized finance for tokenized assets and digital dollars. Dual Model for Diverse Users: Converge serves both retail investors with permissionless DeFi access and institutional players via regulated, permissioned applications.

Positive
cover-imageCointelegraph
March 17, 2025

Ethena Labs, Securitize launch blockchain for DeFi and tokenized assets

Stablecoin developer Ethena Labs and real-world asset (RWA) tokenization company Securitize are launching a new blockchain for retail and institutional investors seeking access to the DeFi and tokenization economies. According to a March 17 announcement, the forthcoming Converge blockchain is an Ethereum Virtual Machine that will provide retail investors with access to “standard DeFi applications.

Positive
cover-imageCrypto Economy
March 12, 2025

MEXC Ventures Invests in Ethena and USDe to Promote Synthetic Stablecoins

TL;DR MEXC Ventures invests $36 million in Ethena and its USDe stablecoin to accelerate the adoption of synthetic dollars within the DeFi ecosystem. USDe is a synthetic stablecoin that maintains its value through collateralizing other stablecoins and holding futures positions, differentiating itself from directly fiat-backed stablecoins.

Negative
cover-imageThe Currency Analytics
March 6, 2025

Ethena ENA Unlock: Market Impact and Price Volatility

Ethena (ENA) triggered a significant event in the crypto market by unlocking 2.07 billion ENA tokens, valued at approximately $740.71 million. This massive increase in circulating supply, accounting for 39.17% of the total supply, raised important questions about market stability, price volatility, and investor sentiment.

Positive
cover-imageCoinPedia
March 6, 2025

ENA Price Poised for 25% Rally Despite Whale Dumping

Amid the ongoing market uncertainty, crypto whales are seen offloading Ethena (ENA) tokens. Today, March 6, 2025, a prominent crypto expert posted on X (formerly Twitter) that whales have dumped a significant $148 million worth of ENA tokens onto the exchanges in the past 48 hours.

Positive
cover-imageThe Currency Analytics
February 27, 2025

Ethena (ENA) Whale Activity fuel Potential Price Rally

Ethena (ENA), a relatively young cryptocurrency, has recently garnered significant attention in the digital asset space. This surge in interest can be attributed to a series of substantial whale movements, including a massive transaction that could potentially set the stage for a price rally.

Positive
cover-imageInvezz
February 27, 2025

Ethena surges 6% after whale buy: can ENA price rally further?

The crypto market displays significant fear as Bitcoin approaches new lows of $80K. Amid the uncertainty, Ethena (ENA) witnessed optimism, with a large-scale investor purchasing its latest dip. Investors scoop ENA's dip Lookonchain highlighted a new wallet that cashed out 14.51 million ENA assets (worth around $5.95 million) from Binance.

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