According to Golden Finance, Securitize and Ethena, which work closely with BlackRock money market fund BUIDL, announced the launch of EVM-compatible institutional-level DeFi blockchain Converge, aiming to accommodate tokenized assets and provide institutional investors with innovations in decentralized finance (DeFi). According to Ethena founder Guy Young, a new product provided by Securities will be deployed on the blockchain, thus opening up new use cases. Additionally, EVM compatibility allows it to run Ethereum-based smart contracts, dApps, and tools without modification.