Convergence is a new-age protocol that allows retail and enterprise users to seamlessly exchange real-world assets and blockchain-based DeFi utility tokens. Convergence, which aims to become a decentralized swapable asset agreement, will be officially launched around March 25.

Convergence has attracted a lot of attention with the support of institutional investors such as Difference Ventures and Kinetic. By building a bridge between real assets and the DeFi world, the protocol addresses a number of implementation issues that existed prior to enterprise adoption of blockchain-based tokens. The convergence protocol aims to be the first decentralized asset exchange protocol and is one of the ICOs launched in March 2021.