Distinguished symbol specialists include and Ethina unveiled by Defi Blockchain

Sucuritize and Ethena Labs, two companies working closely with Blackrock money code in Blackrock BidelThe Blockchain compatible with ETHEREUM called Conversge, designed to accommodate symbolic assets and supply institutional investors to create decentralized financing (Defi).

EthinaWhich provides a Usde’s background for return in addition to the USDTTB Stablecoin supported by Buidl, it will migrate 6 billion dollars The DEFI Misp On, while Securitize, the transport agent of the Blackrock Buidl code, will bring its wing of the distinguished real world of the world (RWAS), like the source recently APOLLO Credit CodeTo the new series.

Who in the first days of Defi There was a concerted effort to expand beyond cryptocurrencies and bring traditional assets to the chain as a guarantee. Today, traditional financial companies are shocked to get a distinctive symbol race, so it makes sense for companies like Sucuritize and Ethena Create a friendly road to the institutions to Defi.

“The distinctive symbol, in itself, is just putting your securities on a different professor’s book, and produces savings in costs and competencies, but it does not necessarily lead to anything that is significantly different in terms of what you can do with these assets.” On the other hand, Crypto has developed very new ways to use digital assets. If you already re -innovate Defi to the RWA space, it may make it explode. “

Securitize and Ethena brought a strong company from the first rapprochement partners, including Pendle and Avara (the parent company of AAVE Labs), Ethereal, Morpho and MAPLE Finance. Cress services will be provided by copper, Fire, Komainu, and Zodia, while the interconnection will come across Layerzero, Wormhole and Oracle Support from Redstone.

Looking at what can be built with Convert Blockchain, the founder of Ethena Guy Young said there will be new products for courtesy to connect in the series, and open new use issues.

“This may be used as these things as a guarantee within the specially designed financial markets, or different assets that are not present on a real scale can be traded, so that these shares or anything else are to move forward,” Young said in an interview. “We believe that something designed for this purpose for the TRADI and Defi intersection will be one of the biggest opportunities in the next few years.”

The Congge will be compatible with the ETHEREUM (EVM), allowing it to run the ETHEREUM smart contracts and tools without modification. It will feature the performance that is in line with the leading Blockchains in the industry, according to a press statement.

The distinctive symbol of the original governance of Ethena, Ena, will be an applicable assets (via SENA) for rapprochement, and securing the network with a authentication group with a composition of traditional financial entities and central exchanges. Usde and USDTB will work as a network for the network.

The Convert is a general open chain with a kind of emotional knowledge cover (KYC), which goes beyond just the white list of the governor.

“Defi is designed today specifically for the market participants without permission, unknown and marine transactions,” said Domingo. “Bringing this innovation in a context in which the guarantee and the origin that you undertake in the protocol is actually an organized tool, there is a group of things that exceed the purely white and KYC.