Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

CMB International Launches $3.8 Billion Money Market Fund on BNB Chain

18/10/2025

Ethereum set to see new ATH prices with 3 active ‘supply vacuums’

18/10/2025

How Brazil Just Protected Its Crypto Ecosystem From a Crippling Tax

18/10/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum set to see new ATH prices with 3 active ‘supply vacuums’

    18/10/2025

    AI predicts Ethereum price for end of 2025

    18/10/2025

    Ethereum Blocks Now Proven in Seconds

    18/10/2025

    ETH Still in Danger Below Critical Resistance Levels

    17/10/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Here’s When to Expect the SEA Token as OpenSea Trading Volume Spikes

    17/10/2025

    FIFA Hit With Swiss Criminal Complaint Over NFT World Cup Ticket Vouchers

    17/10/2025

    NFT markets rebound after $1.2B wipeout in Friday’s crypto crash

    15/10/2025

    OhBaby Games NFT Mint Offers GameFi Bulls a Glimmer of Hope

    15/10/2025

    CMB International Launches $3.8 Billion Money Market Fund on BNB Chain

    18/10/2025

    Ethereum set to see new ATH prices with 3 active ‘supply vacuums’

    18/10/2025

    How Brazil Just Protected Its Crypto Ecosystem From a Crippling Tax

    18/10/2025

    France’s Lise Wins License to Launch Europe’s First Tokenized Stock Exchange

    18/10/2025
  • Blockchain

    CMB International Launches $3.8 Billion Money Market Fund on BNB Chain

    18/10/2025

    Mahidol University to Advance Digital Green Real‑World Assets (RWAs) in Thailand

    18/10/2025

    eToro’s Stock Lending Partner Moves Operations to Blockchain

    18/10/2025

    Fetch.ai Joins Minima to Merge On-Chain Data and Agentic AI

    17/10/2025

    The L2 compromise is broken, it’s time for a better foundation

    17/10/2025
  • DeFi

    Did CEXs Underreport Recent Liquidations?

    17/10/2025

    LinkLayerAI Teams up with Matrix Layer Protocol to Elevate the DeFi Trading with AI

    17/10/2025

    Kodiak Finance integrates Orbs’ dTWAP and dLIMIT tools to enhance trading on Berachain

    17/10/2025

    SynFutures Rolls Out Private Beta as It Prepares Perp-Native Derivatives Platform

    17/10/2025

    Aerodrome Finance Partners with River for Chain Abstraction to Expand Liquidity Across DeFi Ecosystems

    17/10/2025
  • Metaverse

    Metaverse will revolutionize learning in the same way as Sesame Street

    10/10/2025

    Dogelon Mars Recent Metaverse Updates

    26/09/2025

    ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

    17/09/2025

    KaratDAO and SecondLive Partners to Reshape Web3 Identity and Immersive Digital Worlds

    16/09/2025

    Metaverse ‘still has a heartbeat’ as NFT sales jump 27% in August

    12/09/2025
  • Regulation

    The crypto treasury trend may be running out of gas

    18/10/2025

    Capital Controls Doom Asia’s Stablecoin Dreams—Except in Hong Kong

    17/10/2025

    Ripple Joins US-UK Power Circle as Crypto Policy Enters Critical Phase

    17/10/2025

    Crypto millionaires at record level with ‘watershed year for institutional adoption’

    17/10/2025

    What Does it Mean For Crypto Markets?

    17/10/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    France’s Lise Wins License to Launch Europe’s First Tokenized Stock Exchange

    18/10/2025

    Kraken acquires CFTC-regulated Small Exchange for $100M

    18/10/2025

    OKX Delists! Here Are the Six Altcoins That Have Been Delisted!

    17/10/2025

    HashKey Exchange Launches ‘Earn Channel’ to Bridge Blockchain

    17/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Tough year for blockchain gaming, but there’s a ‘shimmer of hope’

    17/10/2025

    MARBLEX Joins Microsoft to Accelerate AI-Driven Web3 Gaming Advancement

    16/10/2025

    Axie Infinity Introduces New Community Bounties and Expands Axie Quest

    14/10/2025

    ‘Eve Frontier’ Jumps Ship from Ethereum to Sui—Here’s Why

    13/10/2025

    Public Mining Companies Raise Billions in Debt to Fund AI Pivot

    18/10/2025

    New debt-fueled era for Bitcoin miners marked by 1 zetahash milestone

    18/10/2025

    Bitcoin Network Hashrate Took Breather in First Two Weeks of October: JPMorgan

    16/10/2025

    TeraWulf bets big on AI with $3.2 billion funding plan

    16/10/2025

    How Brazil Just Protected Its Crypto Ecosystem From a Crippling Tax

    18/10/2025

    Is There Anything to It?

    18/10/2025

    NYC mayor establishes digital assets and blockchain office

    17/10/2025

    Japan Could Make a Major Change To Crypto Trading Rules

    17/10/2025

    CMB International Launches $3.8 Billion Money Market Fund on BNB Chain

    18/10/2025

    Ethereum set to see new ATH prices with 3 active ‘supply vacuums’

    18/10/2025

    How Brazil Just Protected Its Crypto Ecosystem From a Crippling Tax

    18/10/2025

    France’s Lise Wins License to Launch Europe’s First Tokenized Stock Exchange

    18/10/2025
  • MarketCap
NBTC News
Home»DeFi»DeFi can’t grow without institutional adoption, Securitize CEO says
DeFi

DeFi can’t grow without institutional adoption, Securitize CEO says

NBTCBy NBTC19/03/2025No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


This is a segment from the Empire newsletter. To read full editions, subscribe.

Securitize and Ethena have announced Converge, an EVM blockchain focused on supporting and advancing both DeFi and tokenized assets.

Here’s my TLDR: Converge wants to build products and apps with partners catered to institutional investors, giving them access to DeFi. Securitize will issue both future and existing tokenized assets on the blockchain.

Partners include Maple, Morpho, Pendle, Aave Labs’ Horizon, and then you have custodial support from the likes of Copper, Fireblocks and Komainu.

The two plan to launch Converge within the next three months, Securitize CEO Carlos Domingo told me, and they’ll start sending out updates on it every two weeks up until launch. The testnet isn’t live yet, but the two have built some prototypes, he added.

So, no time is being wasted — probably for the best given the momentum behind institutional adoption at this stage.

I asked Domingo when the two started working on the vision for Converge and he told me that the Ethena team came to Securitize during the time period when it was raising $100 million for its own chain.

“They basically approached us to see whether we want to be part of it because they felt very strongly that the power of this will be not just that institutional DeFi … but that we can bring our RWA’s,” Domingo explained.

Ethena’s Guy Young said that the blockchain fills a “clear gap in the market” as the settlement layer.

But the announcement wasn’t without some criticism — which should come as no surprise in crypto.

When I brought up the criticism from David Hoffman, Domingo clarified that Converge isn’t a private blockchain, which is also why the two aren’t looking to just build a database.

However, if it were a private blockchain, Domingo said a database would make complete sense.

“Look, the world is multichain. There are going to be many chains. They’re all going to be connected. We have people like Wormhole that facilitate the crosschain connectivity,” he said. “I don’t think we can rely on one chain…Ethereum is great, and we support Ethereum and our largest assets are on [there]. But, at the same time, it has a lot of problems in terms of flexibility.”

“You have to introduce new features there, as we know, extremely slow. You also have the cost of transaction, the time of finality, etc. So I think there’s a space for alternatives,” Domingo added.

Not to mention, institutions love exposure. Domingo said they plan to continue supporting other chains as well.

At the end of the day, Domingo noted, DeFi “has been stuck.” He argued that it hasn’t really grown since DeFi summer in 2021, and it’s acting as a potential barrier for a full-on bull market (one of a few if you ask me).

“There’s clearly a problem with DeFi growth unless there’s institutional adoption,” Domingo believes.

It’s hard to make a judgment on a press release, so this is a scenario where I, yet again, will have to wait and see how it plays out.

If Converge can take down the DeFi barrier — and there’s real institutional adoption taking place — then I agree: it seems pretty bullish.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Did CEXs Underreport Recent Liquidations?

17/10/2025

LinkLayerAI Teams up with Matrix Layer Protocol to Elevate the DeFi Trading with AI

17/10/2025

Kodiak Finance integrates Orbs’ dTWAP and dLIMIT tools to enhance trading on Berachain

17/10/2025

SynFutures Rolls Out Private Beta as It Prepares Perp-Native Derivatives Platform

17/10/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

CMB International Launches $3.8 Billion Money Market Fund on BNB Chain

18/10/2025

Ethereum set to see new ATH prices with 3 active ‘supply vacuums’

18/10/2025

How Brazil Just Protected Its Crypto Ecosystem From a Crippling Tax

18/10/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.