Bitfinex, a state-of-the-art digital token trading platform, is listing new markets for Convergence (CONV), an automated market maker (AMM) that aims to make private assets interchangeable in the decentralised finance (DeFi) space.
Convergence is an AMM that makes private tokens interchangeable by fractionalising them, using a single interface and composable with other DeFi protocols.
Convergence enables originators to take advantage of liquidity available on DeFi platforms, while DeFi users can obtain access to new private assets. Convergence aims to offer a lower investment entry barrier with the liquidity, automation and transparency features of DeFi, bringing what it says is exclusive investment exposure to all DeFi users.
CONV deposits and trading will provisionally open on 4 Jul with with trading pairs US Dollars (USD) and tether tokens (USDT) available for trading on 7 July.
Convergence is integrated with Moonbeam, the Ethereum-compatible smart contract platform on Polkadot.